Howard Lutnick: “Now 40% of their oil is from Russia because we've sanctioned…”

“You know, people don't remember India didn't buy Russian oil before the war with Russia and Ukraine. They had.1% of their oil was from Russia. And Now 40% of their oil is from Russia because we've sanctioned it. so they can buy it, you know, seven, ten dollars a barrel, cheap. So they're buying it, refining it, and then selling it to the rest of the world and making a bundle.” (05:20–05:25)

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