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Will India remain defiant to Donald Trump's pressure on Russian oil? Has PM Modi emphasised 'swadeshi' to snub US?

DNA Monday, 4 August 2025 ()
Will Prime Minister Narendra Modi remain defiant in the face of the threat issued by US President Donald Trump for buying Russian crude oil? Has the Union government asked the PSU oil companies not to buy Russian fuel to avoid the wrath of the US and the EU sanctions?
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Video Credit: Oneindia - Published
News video: BREAKING: Trump Caught Lying? India REFUSES to Stop Buying Russian Oil |Modi Defies U.S Pressure

BREAKING: Trump Caught Lying? India REFUSES to Stop Buying Russian Oil |Modi Defies U.S Pressure 03:09

Trump’s recent claim that India halted oil imports from Russia is falling apart, as multiple reports confirm continued shipments. Despite global pressure, New Delhi says its energy security comes first. Russian oil now accounts for over 30% of India’s crude imports—up from just 1% pre-Ukraine...

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India has doubled down on its decision to continue purchasing discounted Russian crude oil despite U.S. President Donald Trump's remarks suggesting New Delhi may halt such imports. Indian state-owned refiners reaffirmed that sourcing oil from Russia remains a strategic, price-driven choice essential for the country’s energy security, given its 85% crude import dependence. Officials emphasized that Russian oil is not under international sanctions and purchases comply with the G7/EU price cap mechanism, ensuring global markets remain liquid and prices stable. Sources argue that India's imports prevented oil prices from soaring above the March 2022 peak of $137 a barrel amid OPEC+ cuts. Meanwhile, reports of suspended purchases were dismissed, with officials highlighting the EU’s own high intake of Russian LNG. India insists its decisions are guided by national interest while contributing positively to global energy stability, even as Washington hints at possible penalties. #IndiaOilImports #RussianOil #TrumpTariffs #EnergySecurity #GlobalOilPrices #RussianCrude #OilTradeTensions #IndiaEnergyPolicy #USIndiaRelations #BrentCrude #OPECPlusCuts #PriceCapMechanism #RussianLNG #OilMarketStability #IndiaDefiesTrump #OilSupplyCrisis #GlobalEnergyCrisis #IndianRefiners #USRussiaTensions #OilImportsNews ~HT.410~GR.125~ED.103~

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