This was reported by the NDTV channel, citing a source.

“India wants to buy Russian oil at less than $70 per barrel to offset the additional hurdles associated with securing financing for supplies,” the article says.

In mid-March, Russian Ambassador to New Delhi Denis Alipov said that Russia and India were interested in expanding cooperation on the issue of hydrocarbon supplies.

Igor Yushkov, a leading analyst at the National Energy Security Fund, an expert at the Financial University, spoke about the likelihood of Europe abandoning Russian oil.