{"id":"f-8b070c46fc-1df7a7aa-f486-50fd-898c-4a7626330351","title":"US urged India to buy Russian oil already at sea to ease supply fears: Energy Secy","description":"New York/Washington, Mar 9 (PTI) The US has urged India to buy Russian oil already floating at sea and redirect it to Indian refineries to “tamp down” fears of supply shortages and price spikes amid the ongoing West Asia conflict, Energy Secretary Chris Wright has said","timestamp":1773035984,"category":"international","headline":"US urged India to buy Russian oil already at sea to ease supply fears: Energy Secy","modifiedHeadline":"Why US Wants India to Buy Russian Oil at Sea","subCategories":["scid_67971418"],"subcategoriesName":["Global Affairs"],"region":"IN","bundleMetaData":{"bundleId":"7b48871c-c993-4956-b43d-6f46f8e1b036","bundleTitle":"Today In India","cardData":null},"iabCategoryId":"386","fcSummary":"the u.s. has requested india to purchase russian oil currently en route to chinese refineries and redirect it to indian facilities. this pragmatic measure aims to alleviate concerns about potential supply disruptions and price increases stemming from the west asia conflict. washington emphasizes this is a short-term effort and does not reflect a shift in its russia policy, with india understanding this position.","summary":"US urged India to buy Russian oil at sea, aiming to ease supply fears & price spikes amid the West Asia conflict, Energy Secy stated.","ctaUrl":"https://trends.glance.com/newz/India_News/IN/en/pti/f-8b070c46fc-1df7a7aa-f486-50fd-898c-4a7626330351","sourceUrl":"http://www.ptinews.com","bannerImage":"https://g-mob.glance-cdn.com/cardpress/binge-magazine-card-generation/f-8b070c46fc-1df7a7aa-f486-50fd-898c-4a7626330351/designer-images/upload-BysswHO7D1o7cRqABBoSCAjmAksjt9kC.jpg","content":"

New York/Washington, Mar 9 (PTI) The US has urged India to buy Russian oil already floating at sea and redirect it to Indian refineries to “tamp down” fears of supply shortages and price spikes amid the

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ongoing West Asia conflict, Energy Secretary Chris Wright has said.

However, the move, he said, is a short-term, pragmatic effort to stabilise the market and did not signal any change in Washington's policy towards Russia.

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In an interview with CNN on Sunday, Wright said he, along with Treasury Secretary Scott Bessent, had spoken to Indian authorities about buying Russian crude cargoes currently waiting to be unloaded at Chinese refineries.

\"India has been a great partner through this. I did call up the Indians, as did Treasury Secretary (Scott) Bessent, and said there’s a whole bunch of oil floating waiting to unload at Chinese refineries.

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\"Instead of having it wait six weeks to unload there, let’s just pull that oil forward, have it land in Indian refineries and tamp this fear of shortage of oil, tamp the price spikes and the concerns we see in the marketplace,” he said.

However, the US policy towards Russia has not changed at all, Wright said, adding that \"India is very clear on that”. PTI YAS SCY SCY

","readDurationInMinutes":"2","author":{"name":"PTI","logo":"https://glance-mob.glance-cdn.com/public/bubble/jpeg/b4428283-3bff-45db-a5fa-15dccca89081.jpeg"},"ism":false,"analyticsResponses":[],"pointerSummary":["US urged India to redirect Russian oil to Indian refineries.","Energy Secretary Wright & Treasury Sec. Bessent made the call.","The move aims to stabilise oil markets; US policy towards Russia unchanged."],"tags":["USIndiaRelations","RussianOil","EnergySecurity","OilSupply","PriceSpikes","WestAsiaConflict","ChrisWright","ScottBessent","IndianRefineries","GlobalOilMarket"],"redirectionEnabled":false,"consent":true}

US urged India to buy Russian oil already at sea to ease supply fears: Energy Secy

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