Indian oil refiners were reportedly unhappy with Wednesday’s news that President Donald Trump imposed heavy sanctions on Russia’s two largest oil companies, Rosneft and Lukoil.
Indian importers are reportedly saying the new sanctions are tough enough to make them cut their purchases of Russian oil, a move long desired by the Trump administration.
Putin on Thursday denounced the sanctions as an “unfriendly act that does nothing to strengthen Russian-American relations.”
“The new western sanctions will not have a significant impact on the Russian economy,” he predicted.
The Russian Foreign Ministry also sought to downplay the impact of the tighter…
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