The scorching weather has sent residents rushing to turn on fans and ACs, while farmers are cranking up water pumps for parched fields.
The demand has depleted fossil-fuel supplies in India, forcing the country to top up its energy with LNG on the spot market, India'sAs Russian LNG is now shunned by most international buyers due to sanctions and boycotts over to the Ukraine war, it's priced at a discount to current market rates — making the fuel more attractive to Indian buyers,Even so, India is still paying about triple the regular LNG spot price for this time of the year,...
India blatantly refuses to bow the knee to US' demands to sanction Russia. India also increased its Russian oil purchases significantly.
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