Any further sanctions against Russia will not have any impact on India's crude oil requirements and the global prices should remain stable in the USD 75-80 per barrel range, as all sanction fears have already been factored in, Indian Oil Chairman Arvinder Singh Sahney said on Thursday.
Speaking to PTI here during the World Economic Forum Annual Meeting, he also said there are several energy sources that can be tapped to meet India's energy requirements in case of any eventuality.
Asked about the Indian participation at Davos, Sahney said it feels great to see India with a big presence here.
"It helps as so many global corporates we can meet here at a single place. We can exchange ideas with all of them, and that's good for the company and economy as a whole," he added.
On Donald Trump's second US presidency and its impact on India, he said it should be positive for the energy sector because "he has emphasised that we have to produce more energy and we are not averse to more energy