China does not treat their suppliers well. So there's a bunch of floating barrels just sitting there. We've reached out to our friends in India and said, buy that oil, bring it into your refineries. That pulls stored oil immediately into Indian refineries and releases the pressure on other refineries around the world to buy oil that they're no longer competing with the Indians for in that marketplace. (06:12–06:18)
CLAIM
Asserts that the U.S. has encouraged India to purchase floating Russian oil.
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