US President Donald Trump has reasserted the claim that India will significantly cut its purchases of Russian oil, following a recent phone call with Indian Prime Minister Narendra Modi. The claim, which has been made before but not confirmed by New Delhi, is part of ongoing pressure on India to reduce its energy imports from Russia amid efforts to economically isolate Moscow and bring an end to the conflict in Ukraine.
The US administration has imposed tariffs on Indian goods, including a 50% increase, as part of these efforts. However, Trump's tone appears to have softened in recent days, with trade talks between the two countries progressing.
India had become one of Russia's largest markets for oil after Western nations imposed sanctions and shunned purchases following the Ukraine conflict in 2022. Delhi increased its imports of Russian crude at discounted prices, citing the need to provide energy security to millions of its people.
Despite this, India has denied claims that it is helping to fund Russia's war effort by continuing to buy oil. The Indian government has maintained a stance of neutrality on the conflict, and discussions with the US administration are seen as part of efforts to deepen energy cooperation between the two countries.
A recent report suggested that a deal could be announced soon, with India potentially agreeing to gradually reduce its imports of Russian oil as part of the negotiations. However, no official comment has been received from the Indian government on this matter.
The US administration has imposed tariffs on Indian goods, including a 50% increase, as part of these efforts. However, Trump's tone appears to have softened in recent days, with trade talks between the two countries progressing.
India had become one of Russia's largest markets for oil after Western nations imposed sanctions and shunned purchases following the Ukraine conflict in 2022. Delhi increased its imports of Russian crude at discounted prices, citing the need to provide energy security to millions of its people.
Despite this, India has denied claims that it is helping to fund Russia's war effort by continuing to buy oil. The Indian government has maintained a stance of neutrality on the conflict, and discussions with the US administration are seen as part of efforts to deepen energy cooperation between the two countries.
A recent report suggested that a deal could be announced soon, with India potentially agreeing to gradually reduce its imports of Russian oil as part of the negotiations. However, no official comment has been received from the Indian government on this matter.