Reuters reveals India's Russian coal purchases spike despite sanctions - Reuters News Agency
Energy

Reuters reveals India’s Russian coal purchases spike despite sanctions

Reuters exclusively revealed that India’s purchases of Russian coal have spiked in recent weeks despite global sanctions on Moscow, as traders offer discounts of up to 30%. Russia, facing severe Western sanctions over its invasion of Ukraine, warned the European Union in April against sweeping sanctions on coal, saying they would backfire as the fuel would be redirected to other markets.    

Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Asia
Countries: IndiaRussia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
A3VVDH5WWRJXPOT2OVPKTKFGSY.jpg Russia coal purchase
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