INDIAN officials have said they would keep purchasing oil from Russia despite the threat of penalties that U.S. President Donald Trump said he would impose, the New York Times reported on Saturday.
Reuters could not immediately verify the report.
The White House, India's Ministry of External Affairs and the Ministry of Petroleum and Natural Gas did not immediately respond to requests for comment.
Trump last month indicated in a Truth Social post that India would face additional penalties for purchase of Russian arms and oil. However, he later said that he did not care what India does with Russia.
On Friday, Trump told reporters that he had heard that India would no longer be buying oil from Russia.
Two senior Indian officials said there had been no change in policy, according to the NYT report, which added that one official said the government had “not given any direction to oil companies” to cut back imports from Russia.
Reuters had earlier reported that Indian state refiners stopped buying Russian oil in the past week as discounts narrowed in July.
On July 14, Trump threatened 100% tariffs on countries that buy Russian oil unless Moscow reaches a major peace deal with Ukraine. Russia is the top supplier to India, responsible for about 35% of India's overall supplies. - Reuters
Hence then, the article about india to keep buying russian oil despite trump threats was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( India to keep buying Russian oil despite Trump threats )
Also on site :
- Ann Godoff, Penguin Press Founder and Editor, Dies at 76
- When Does the Rest of 'Bridgerton' Season 4 Come Out?
- Five Below’s Pretty Pink Stackable Bins Are Only $5 and a Must For Your Spring Refresh