Russia Offers $35 Discount on Oil to India

Russia Offers $35 Discount on Oil to India

Assessment

Interactive Video

Business, Social Studies

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact does international pressure have on India's appetite for Russian oil?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the rupee-ruble trade facilitate more trade between Russia and India?

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