Govt Monitors U.S. Sanctions on Russian Oil | Limited Impact on Indian OMCs, Says Sources | ET Now　 #ETNOW

Government sources tell ET Now that India is closely monitoring the impact of U.S. sanctions on Russian oil majors Rosneft and Lukoil. The oil ministry is reviewing the situation with OMCs, but the overall impact is seen as limited since most crude is purchased via intermediaries. With discounts narrowing and supply ample, India’s diversified oil basket spread across 40 countries ensures energy security remains intact. Catch Prakash with the full report, only on ET Now!

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