Russia–India Strategic Partnership: Have We Hit a Plateau?

... short-sighted to ignore the Indian market at a time like this: energy prices are low, and the Indian economy is stepping up oil imports faster than any other country, including China . It would be short-sighted to ignore the Indian market at a time like this: energy prices are low, and the Indian economy is stepping up oil imports faster than any other country, including China. Rosneft announced at the BRICS Summit that it has signed a deal, alongside its partner, the major independent oil trader Trafigura , to purchase the Indian company Essar Oil for around $13 billion. As part of deal, Rosneft will receive a 49-per cent stake in the Vadinar Refinery,...