What are your views on Russia offering oil to India at a big discount?
https://www.theguardian.com/world/2022/mar/31/india-defends-buying-discounted-russian-oil-despite-appeal-by-truss
by 
Jenny's Gone On Vacation
ANSWERS: 2
-
It's called international trade. I have nothing against it or Russia. I'm not one of the Western paranoids who are scared that Russia will start WW3 - if anyone does, it will be Bumbling Biden and his idiocy. I understand what Putin wants with Ukraine and why - and I support him on it.
-
Just a simple case of supply and demand. Many nations have halted imports of Russian petroleum and gas, and so demand for Russian petroleum and gas is way down, and so Russia is willing to sell at a discount because the demand for their petroleum and gas has fallen so far. *** I don't blame India for buying Russian petroleum at a discount. I don't blame Russia for selling it to India at a discount. I DO blame Russia for invading Ukraine, and one of the many economic consequences of that is that their petroleum is not in as much demand and is (therefore) worth much less on the World market.
Army Veteran 
www.bible-reviews.com RELATED QUESTIONS
Copyright 2023, Wired Ivy, LLC