https://www.business-standard.com/economy/news/india-russia-term-deal-talks-for-crude-oil-on-hold-amid-us-restrictions-125011400998_1.html last week’s sanctions on Russian oil and gas entities by the United States have put the talks on hold. Official sources have said the government is preoccupied with analysing the sanctions, which may cut off India’s access to discounted Russian crude and force it to buy at market prices. “Any deal in the current geopolitical climate requires careful planning and lengthy discussions so that shipments do not suddenly stop due to sanctions. But the escalating sanctions have complicated the matter,” an official source said.