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Dimon Says US Shouldn’t Punish India Over Russian Oil: CNBC TV18
Source: Bloomberg
Energy Markets & PricesGeopolitics & WarTrade Policy & Supply Chain
JPMorgan CEO Jamie Dimon warned that U.S. efforts to pressure Russia over the Ukraine war should not unduly punish India or global oil markets. He highlighted refiners' difficulty in rapidly switching crude sources, underscoring the risk that restrictions on Russian oil could disrupt supply chains and raise energy-market volatility.
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