![](https://i.imgur.com/CLvY2jA.png")
08-09-2022, 06:33 PM
https://www.cnbc.com/2022/09/05/india-sa...e-cap.html
.
Asked whether India would sign up to the G-7 proposal to put a price cap on Russian oil, Indian Petroleum Minister Shri Hardeep Singh Puri said the world economy was still adjusting to the impact of the coronavirus pandemic and Russia’s invasion of Ukraine.
“Now, what will the proposal mean? We will look at it very carefully,” he said.
Finance ministers representing the G-7 countries on Friday agreed on a plan to implement a price-capping mechanism for Russian oil exports.
.
.
Asked whether India would sign up to the G-7 proposal to put a price cap on Russian oil, Indian Petroleum Minister Shri Hardeep Singh Puri said the world economy was still adjusting to the impact of the coronavirus pandemic and Russia’s invasion of Ukraine.
“Now, what will the proposal mean? We will look at it very carefully,” he said.
Finance ministers representing the G-7 countries on Friday agreed on a plan to implement a price-capping mechanism for Russian oil exports.
.
