.jpg)
Newsinc24 Team Russia has said India is free to buy oil from any country after US President Donald Trump claimed India has agreed to stop buying Russian oil as part of the trade deal between New Delhi and Washington signed earlier this week. The Kremlin noted that Moscow is not the only crude supplier for New Delhi, and there is nothing new about India's decision to diversify its crude suppliers. Russia's Press Secretary Dmitry Peskov said Russia is not the only supplier of oil and petroleum products to India, adding New Delhi has purchased oil from other countries.
India has been importing around 1.5 million barrels of Russian crude per day, even after Trump imposed 25 per cent punitive tariffs on Indian goods, according to Kpler, a global trade data provider. New Delhi is the second-largest purchaser of Russian crude, making it over one-third of the overall Indian imports. India has confirmed the reduction in the tariffs, however there is no official word on halting the imports of Russian oil. Russia's private Kommersant FM business radio noted that, unlike President Trump, PM Modi did not mention any agreement on stopping Russian oil imports.
Related Items
Bangladesh admits India ties faltered under Yunus government
Amit Shah launches India’s first cooperative-based Bharat Taxi service
Russia, US, Ukraine talks conclude without breakthrough on ending war