Borrell proposed limiting the supply of petroleum products from India to the European Union

India does not violate sanctions by buying Russianoil at a price below the introduced ceiling. But if a country uses this opportunity to become a center for processing and supplying petroleum products to the EU, then measures must be takenBorrell said

The EU should limit India's ability to resell Russian oil as refined products, EU High Representative for Foreign Affairs and Security Policy Josep Borrell told the Financial Times.

“If diesel or gasoline enters Europe from India and is produced using Russian oil , which is certainly a circumvention of sanctions, then EU countries should take action,” he said.

The very fact that India buys Russian oil is “normal” and is within the sanctions, especially given the price ceiling, New Delhi can buy raw materials much cheaper, Borrell continued. “But if they use this opportunity to become a center for refining Russian oil and selling the resulting oil products to the European Union, we must act,” the EU High Representative said.

He made this statement on the eve of a meeting with Indian Foreign Minister Subrahmanyam Jaishankar.

The EU, the G7 countries and Australia introduced a $60 per barrel ceiling on Russian oil prices in December, and in February the restriction extended to oil products. RUSSIA considered Western sanctions illegal and redirected the flow of raw materials to Asia. As a result, according to BLOOMBERG , the shipment of Russian crude oil to international markets did not decrease at all, and from April to May it even increased to a maximum - to an average of about 3.55 million barrels per day. India (1.87 million barrels), CHINA (1.01 million) and Turkey (0.18 million) became the main buyers of oil over the past month . Almost no Russian oil was delivered to Europe over the past month, the agency writes.

In India , imports of Russian oil in April for the first time exceeded deliveries to the country from Saudi Arabia and Iraq, calculated in the analytical company Vortexa. New Delhi has not joined the Western sanctions, but, as Bloomberg previously reported, the country's banks advised refineries not to buy Russian oil above the price ceiling. The State Bank of India and the Bank of Baroda have warned local refineries that they will not make payments for oil purchased above the limit.

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