Friday, 5 September 2025 () India will continue buying crude from Russia as it looks to cater to its interests, Indian Finance Minister Nirmala Sitharaman said on Friday, amid U.S. pressure over India’s Russian crude purchases. “Where we buy our oil from, especially a big-ticket foreign exchange item where we pay so much, highest in terms of import, we will have to take a call on what suits us best,” Sitharaman told the News18 television channel on Friday. “We will undoubtedly be buying.” India looks at the economics of its oil imports…
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India currently imports approximately 1.7 million barrels per day of crude oil from Russia. Coming under pressure from Donald Trump and additional US tariffs, if... DNA
Russian oil has not been banned yet. It can be bought with a price cap of $60 per barrel. India is set to buy more Russian oil in September, notwithstanding 25%... DNA
Peter Navarro has accused India of funding Russia's war in Ukraine by purchasing discounted Russian crude oil, leading to increased tariffs on Indian imports by... IndiaTimes Also reported by •Zee News