U.S. Warns India Against Buying More Russian Oil

The United States has warned India that buying more oil from Russia could expose it to a "great risk" in light of more sanctions against Moscow, Reuters has reported, citing an unnamed senior U.S. official. "U.S. has no objection to India buying Russian oil provided it buys it at discount, without significantly increasing from previous years," the source said, adding. "Some increase is allowed." According to Reuters, India has taken advantage of the steep discount for Russian oil following a wave of U.S. and European sanctions on its financial…