https://finance.yahoo.com/news/india-china-look-form-oil-220000529.html
It is a great news for all oil-importing countries because India & China will form an "Oil buyers' club" to negotiate with OPEC.
OPEC has been imposing discriminating pricing strategy on Asian countries with ASIAN PREMIUM measure because we have no bargaining power. In the future, we can say NO to OPEC's pricing with this new club's prowess.
Kudos to India & China for making Asia a more competitive region.
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