EXCLUSIVE U.S. warns India, others against sharp rise in Russian oil imports -official

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EXCLUSIVE U.S. warns India, others against sharp rise in Russian oil imports -official
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A significant increase in Russian oil imports by India could expose New Delhi to a 'great risk' as the United States prepares to step up enforcement of sanctions against Moscow for its invasion of Ukraine, a senior U.S. administration official said.

A Russian state flag flies on the top of a diesel plant in the Yarakta Oil Field, owned by Irkutsk Oil Company , in Irkutsk Region, Russia March 10, 2019. Picture taken March 10, 2019. REUTERS/Vasily Fedosenko/File PhotoNEW DELHI, March 31 - A significant increase in Russian oil imports by India could expose New Delhi to a "great risk" as the United States prepares to step up enforcement of sanctions against Moscow for its invasion of Ukraine, a senior U.S.

"U.S. has no objection to India buying Russian oil provided it buys it at discount, without significantly increasing from previous years," said the source who spoke on condition of anonymity. "Some increase is allowed," said the source, who did not offer more detail. The U.S. Treasury Department declined comment and the White House's National Security Council did not immediately respond to requests for comment.

"As long as they are compliant with sanctions and not significantly raising purchases, we are okay," the source said.

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