New Delhi is still importing crude from Russia, despite Trump\u2019s claim that it has agreed to stop such purchases, Andrey Rudenko has said<\/p>\n
Crude supplies from Russia to India will continue as usual, Russian Deputy Foreign Minister Andrey Rudenko told TASS on Monday.
\nRudenko\u2019s comments come against the backdrop of US President Donald Trump\u2019s claim last week that Indian Prime Minister Narendra Modi \u201cassured\u201d him that India would cease purchasing Russian oil in a phone call between the two leaders.
\n\u201cEverything continues,\u201d Rudenko told TASS.
\nIndian Foreign Ministry spokesman Randhir Jaiswal told reporters last week that he was \u201cnot aware\u201d of any conversation between Modi and Trump over New Delhi\u2019s purchases of Russian oil.\u00a0<\/p>\n
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His comments came hours after India issued a formal statement saying its primary goal regarding energy trade is to protect the interests of its consumers in the volatile energy market, and that its import policies are driven solely by this objective.
\nSince 2022, India has substantially increased its oil imports from Russia. As of late September, Russia remained India\u2019s largest oil supplier, providing around 1.6 million barrels per day, which accounted for about one-third of India\u2019s crude imports, according to ship-tracking data.\u00a0
\nIndian private companies have been capitalizing on the discounted prices of Russian oil and exporting refined oil products to European markets.
\nIn August, Trump announced a 25% tariff on India as a penalty for the country\u2019s purchases of Russian oil, which he claims are helping Russia prolong the Ukraine conflict.
\nSpeaking on the sidelines of Russia Energy Week last week, Russian Deputy Prime Minister Aleksandr Novak said that he was confident about Russia\u2019s continued energy partnership with India.<\/p>\n","protected":false},"excerpt":{"rendered":"
New Delhi is still importing crude from Russia, despite Trump\u2019s claim that it has agreed to stop such purchases, Andrey Rudenko has said Crude supplies from Russia to India will…<\/p>\n","protected":false},"author":1,"featured_media":20758,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[4,6,3],"tags":[],"class_list":["post-20757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-environment","category-politics"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t