India will continue buying Russian oil despite Trump tariff threats, government sources say
Saturday, 2 August 2025 () India will keep purchasing oil from Russia despite U.S. President Donald Trump’s threats of penalties, two Indian government sources said, not wishing to be identified due to the sensitivity of the matter. “These are long-term oil contracts,” one of the sources said. “It is not so simple to just…
India has doubled down on its decision to continue purchasing discounted Russian crude oil despite U.S. President Donald Trump's remarks suggesting New Delhi may halt such imports. Indian state-owned refiners reaffirmed that sourcing oil from Russia remains a strategic, price-driven choice essential...
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Donald Trump claimed India halted Russian oil imports, calling it a "good step," despite earlier threats of tariffs for continued trade with Russia. He also... IndiaTimes Also reported by •DNA
Following US tariffs on Indian exports due to trade ties with Russia, state-owned refiners like IOCL, BPCL, HPCL, and MRPL have reportedly ceased spot market... IndiaTimes Also reported by •DNA
US Treasury Secretary Scott Bessent expressed frustration with India's trade practices, particularly its purchase of sanctioned Russian oil, leading to potential... IndiaTimes