> This assumes India is paying less than Europe was before. I don't think this is correct since the market rate is changing all the time. The correct phrasing

> This assumes India is paying less than Europe was before. I don't think this is correct since the market rate is changing all the time. The correct phrasing should be "This assumes India is paying less than market rate for Russian oil which it then re-exports". And I think it's a correct assumption, otherwise why would they do this?