Speaking to journalists from Air Force One, Mr. Sullivan also said that US President Joe Biden and Indian Prime Minister Narendra Modi would have face-to-face discussions about this matter.
According to him, “We have started discussions with India on how a price cap would operate and what the implications would be.” He continued, “And then, if need, it can be elevated” to the leadership level.
This week, the US media reported that since Moscow’s invasion of Ukraine on February 24, India’s crude oil imports from Russia have increased 50 times. About 25 million barrels of Russian oil were purchased by Indian refineries in May, increasing the country’s imports from 0.2% in 2021 and early 2022 to 10% of all sea-bound imports.
