By Admin 
The way Moscow bombed heavy bombing last week amidst Ukraine-Russia war, Washington is now going to impose more strict ban on it. For this, its oil exports will be targeted. If this happens, India will get a big shock and will not be able to buy cheap oil from Russia. One of the American senators has proposed to ban Moscow’s crude oil business in this way.
According to the news of Business Standard, about 2 million barrels daily, according to February data, is close to $ 15.4 million, its supply will be in danger for India. & Nbsp;
American Senater BlueManthal says that both India and China together import about 70 percent oil from Russia. He says that these bills were prepared after a lot of intensive discussion with France, Germany, and Britain, who have imposed some stringent ban on Russia’s ships in recent times.
It has to buy crude oil from Russia."Text-Align: justify;"> If this proposal is passed in the US Parliament, then the import of Russia oil will be very difficult for India because the countries buying oil from Russia will be imposed second -centuries like imposition of 500 percent tariffs. America has tried to target Russia and India, especially by bringing this law.
During the financial year 2024-25 from India, Russian crude oil of about $ 50 billion was purchased, which is about 35 percent of the total crude oil imported by India.
39 percent oil import from Russia
India has other countries including Russia and Iraq. The share of Russian oil was about 39 percent of the total imports from New Delhi in the month of May. After that 22 percent oil was imported from Iraq. News channel CNN says that both American parties are lobbying to tighten the American ban, Democratic and Republican MPs. So far, more than 80 senators have signed this bill.
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