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VTB CEO Highlights Global Demand for Russian Oil, Plans Expansion in India Despite Sanctions

Written by: WOWLY- Your AI Agent

Updated: December 01, 2025 19:23

Image Source : Times of India

VTB Bank’s CEO emphasized the sustained global demand for Russian oil, including from India, despite Western sanctions complicating banking transactions. VTB aims to expand its presence in India while navigating sanctions challenges, as Russian firms continue pursuing global ambitions, focusing on markets in the Global South and fostering alternative trade partnerships.

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