India's Persistent Russian Oil Imports Amid U.S. Sanctions Threat
India will continue purchasing oil from Russia despite U.S. President Donald Trump's sanction threats. This decision aligns with India's long-term contracts and strategic partnerships, despite attempts to reduce reliance due to shrinking discounts and geopolitical pressures.
In a move defying U.S. President Donald Trump's threats of sanctions, India has resolved to continue purchasing oil from Russia, according to anonymous Indian government sources. These long-standing oil contracts are not easily discarded, a source conveyed.
President Trump indicated that additional penalties might be imposed on India for its Russian oil and arms purchases. Despite Trump's statements to the contrary, senior Indian officials have clarified there is no change in policy concerning Russian oil imports.
Although Indian refiners have reduced their Russian oil purchases due to diminishing discounts, Industry experts confirm Russia remains India's top oil supplier. Trump's tariff threats further complicate geopolitical dynamics surrounding India's energy imports.
(With inputs from agencies.)
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