US expresses concern to India over its ship exporting fuel made from Russian crude to New York through high-seas transfers, a top Indian central banker says, adding 'that's the way war works'
Indian ship earlier this year picked up oil in mid-seas from Russian tanker, got it refined in western Gujarat state and then took the output to New York, says a top Indian central banker, adding"that's the way war works."
The United States has expressed concern to India that its ship was used earlier this year to export fuel made from Russian crude to New York through high-seas transfers, a top Indian central banker said. "You know that there are sanctions against people who are buying Russian oil, and this was reported to us by the US Treasury," Reserve Bank of India Deputy Governor Michael Patra told an audience of government officials and figures in finance and banking.
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