Denis Alipov, the Russian ambassador to India, on Thursday said that Moscow remains the largest supplier of oil to New Delhi with a market share of over 30%.

Alipov made the comment in an interview with TASS. Also Read | Sanctions shock: Discounts on Russian oil jump as refiners shun Rosneft, Lukoil

“Despite the obstacles put in place by the West, we remain the largest supplier of oil to India,” the ambassador told TASS.

He added that American sanctions against Rosneft and Lukoil may, of course, influence the redistribution of hydrocarbon flows, but for India economic feasibility always remains a priority.

“We assume that Russia will retain its status as one of the main energy suppliers to the South Asian republic, with entrepreneurs being able to adjust to the existing format o

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