Dimon Says US Shouldn’t Punish India Over Russian Oil: CNBC TV18

JPMorgan Chase Chairman and Chief Executive Officer Jamie Dimon said in an interview that India and global oil markets should not face penalties as the US pursues pressure on Russia over its war in Ukraine. Dimon cited the operational difficulties refineries encounter when switching crude oil suppliers. The statement reflects concerns about the economic impact of sanctions on countries that purchase Russian oil.

Next story