India Won't Be Buying Russian Oil: Trump Claims Again

During a meeting with US President Donald Trump, India refuted claims of ceasing Russian oil purchases. The country continues trade discussions with the US, aiming for energy diversification and increased imports from America, valued at USD 12-13 billion.

US President Donald Trump reiterated his assertion that India has reduced its purchase of Russian oil.

"India is not going to be buying Russian oil anymore," he stated during a meeting with Ukrainian President Volodymyr Zelensky at the White House and added that New Delhi has already begun to pull back from such purchases. He mentioned that India had previously bought about 38 per cent of its oil from Russia.

Trump claimed on Wednesday that he had been assured by Indian officials that the country would cease buying oil from Russia. He acknowledged that this transition could not happen instantly but expressed confidence that the process would conclude soon. "He assured me today that they will not be buying oil from Russia...You can't do it immediately," Trump remarked.

India's Response and Trade Talks

The Ministry of External Affairs (MEA) in India refuted Trump's claim of a telephonic conversation between him and Prime Minister Narendra Modi regarding the matter. MEA spokesperson Randhir Jaiswal clarified during a media briefing, "As for the telephonic conversation, I can say that there has been no discussion between the Prime Minister and President Trump."

Despite Trump's statements, India continues to engage in trade discussions with the US. The country's trade negotiating team is currently in Washington for further talks with American officials. These discussions follow a recent meeting between India's Prime Minister Narendra Modi and new US ambassador Sergio Gor in New Delhi.

Energy Diversification Efforts

The Indian government aims to diversify its energy imports, seeking more crude oil and natural gas from the US valued at $12-$13 billion. This move aligns with India's strategy to expand its energy sources without altering refinery configurations, provided prices are favourable.

While India has increased its purchase of Russian oil recently, China remains Moscow's largest energy customer. In August, the Trump administration imposed an additional 25 per cent tariff on India for buying Russian oil but did not take similar action against China.

Trump praised Prime Minister Modi as a "great man" and described India as an "incredible country." He also suggested that if India stopped purchasing Russian oil, it would facilitate ending the ongoing conflict more easily.

The ongoing trade negotiations underscore India's interest in diversifying its energy portfolio while maintaining strong ties with both Russia and the United States. The outcome of these talks may influence future energy import strategies.