oil wars

Oil Wars: How Kremlin’s $13 Bln Indian Deal Almost Fell Apart

By Dmitry Zhdannikov, Nidhi Verma and Katya Golubkova LONDON/NEW DELHI/MOSCOW, Nov 16 – A multi-billion-dollar Russian deal to buy Indian refiner Essar was nearly sunk at the eleventh hour by a rival bid from Saudi Arabia as the two oil superpowers vie for supremacy across the world. The deal between Essar and a consortium led

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