Tag Archives: US warns of consequences over India’s rupee-rouble trade with Russia

NEW DELHI: The United States has warned India of “consequences” if it conducted rupee-rouble trade with Russia, or buy oil from the country much of the western bloc has placed under crippling sanctions, reports said on Thursday. “There will be consequences for any country, including India, that conducts local currency transactions through Russia’s central bank or constructs a payment mechanism …

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