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India hints it will keep buying Russian oil - despite Trump threats

India has signaled its intention to continue purchasing oil from Russia, despite warnings and threats of tariffs from United States President Donald Trump. The Indian government emphasized the longstanding and stable nature of its relationship with Russia and stressed that its energy procurement decisions are based on market supply and global circumstances. Since the invasion of Ukraine and subsequent Western sanctions on Russia, India has dramatically increased its imports of Russian crude, taking advantage of lower prices. As India's economy and population continue to grow, its demand for oil is expected to rise further, making energy security a top priority for the country.

Original article source: https://news.sky.com/story/india-hints-it-will-keep-buying-russian-oil-despite-trump-threats-13406054
Source Id: 8798208369

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