Why did Russian oil price in November for India hit a 12-month high?

Updated: Jan 24, 2024, 01:20 PM(IST) WION Video Team
Follow Us

India paid an average of $85.42 per barrel for Russian oil in November. It is the highest since the G7 economies imposed a price cap of $60 per barrel to cut Moscow's revenue. India paid 1.4% more for Russian oil in November compared to $84.20 per barrel in October, as per reports. Watch this video to find out why.

Read in App