India will proceed to buy Russian oil regardless of U.S. President Donald Trump’s threats of penalties.
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.
President Trump has issued conflicting statements in latest weeks. In July, he warned of 100% tariffs on international locations shopping for Russian oil until Moscow agrees to a significant peace cope with Ukraine. He additionally hinted at potential penalties towards India for its continued purchases of Russian power and weapons.
However, Trump later softened his stance, writing on Truth Social that he “[doesn’t] care what India does with Russia.”
On Friday, the president informed reporters that he had heard India would cease shopping for Russian oil — a declare Indian officers swiftly contradicted.
Earlier in July, Reuters reported that Indian state refiners had quickly paused Russian crude purchases attributable to narrowing reductions. Nevertheless, Russia stays India’s prime oil provider, accounting for about 35% of its complete crude imports.
The determination highlights India’s dedication to prioritize its power safety, whilst world geopolitical tensions proceed to complicate its balancing act between Western allies and long-standing companions like Russia.
