Sitharaman said it is only natural for India to look for a good deal and that the government has already started purchasing oil from Russia. She said that the Minister of Petroleum and Natural Gas Hardeep Singh Puri is working on a plan to source more oil.
“We have already started buying oil from Russia; we have received three to four days of oil supply from Russia,” she said.
Russia has offered its flagship Urals grade to India at discounts of as much as $35 a barrel on prices before the war to encourage India to lift more shipments.
“I would put my national interest first and I would put my energy security first. And if there is fuel available at discount. Why shouldn’t I buy it?” the finance minister said.
