India and Russia in talks to resume LNG trade as Israel-Iran war disrupts Gulf supply: Report
India and Russia are in talks to resume liquefied natural gas (LNG) trade, which could help India secure energy supplies amid skyrocketing prices triggered by the US-Israeli attack on Iran. The deal, which risks violating Western sanctions, could be concluded in weeks and would also increase crude oil sales to India, potentially doubling from January's levels.
India and Russia are discussing a potential deal to resume LNG trade. The talks come as India faces energy supply disruptions due to the US-Israeli attack on Iran. Russia's Deputy Energy Minister Pavel Sorokin and India's Petroleum and Gas Minister Hardeep Singh Puri agreed to prepare for Russia to resume direct sales of LNG. India has also approached Washington about a possible sanctions waiver. The deal could help India secure energy supplies and increase crude oil sales from Russia.
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