Russia Offers $35 Discount on Oil to India

The video discusses the impact of international pressure on oil prices since the Ukraine invasion. It highlights Russia's offer of a steep discount on oil to India, aiming to boost direct purchases by Indian refiners. The Russian Foreign Minister's visit to Delhi is expected to further discuss this offer and explore a possible rupee-ruble trade to enhance bilateral trade relations.

What is the main reason for Russia offering a steep discount on oil prices to India?

• Due to international pressure and the Ukraine invasion

• To increase its market share in India

• To compete with Middle Eastern oil suppliers

• To support India's economic growth

What is the specific discount Russia is offering on oil prices?

• $20 below the pre-war price

• $50 below the pre-war price

• $35 below the pre-war price

• $10 below the pre-war price

What is the flagship benchmark mentioned in the negotiations?

• Dubai Crude

• Urals

• West Texas Intermediate

• Brent Crude

What is one of the potential topics of discussion during the Russian Foreign Minister's visit to India?

• Establishing a new oil pipeline

• Launching a joint oil exploration project

• Discussing a possible rupee-ruble trade

• Signing a free trade agreement

What is the purpose of the Russian Foreign Minister's visit to India?

• To discuss further oil purchases and trade

• To negotiate a military alliance

• To inaugurate a new embassy

• To attend a cultural exchange program