Indian officers have acknowledged they may proceed buying oil from Russia, regardless of the specter of penalties that U.S. President Donald Trump indicated he would impose, in line with a report from the New York Times on Saturday.
Reuters couldn’t instantly confirm the report.
The White House, India’s Ministry of External Affairs and the Ministry of Petroleum and Natural Gas didn’t instantly reply to requests for remark.
Trump final month indicated in a Truth Social publish that India would face extra penalties for buy of Russian arms and oil. However, he later mentioned that he didn’t care what India does with Russia.
On Friday, Trump advised reporters that he had heard that India would not be shopping for oil from Russia.
Two senior Indian officers mentioned there had been no change in coverage, in line with the NYT report, which added that one official mentioned the federal government had “not given any direction to oil companies” to chop again imports from Russia.
Reuters had earlier reported that Indian state refiners stopped shopping for Russian oil previously week as reductions narrowed in July.
On July 14, Trump threatened 100% tariffs on nations that purchase Russian oil until Moscow reaches a significant peace cope with Ukraine. Russia is the highest provider to India, accountable for about 35% of India’s total provides.
