India dismisses tensions with Russia after Trump’s threats

"Our bilateral relationships with various countries stand on their own merit and should not be seen from the prism of a third country. India and Russia have a steady and time-tested partnership," Randhir Jaiswal, the spokesperson for India’s Ministry of External Affairs, said.

At the same time, an Indian official made a diplomatic gesture toward the United States, stating that the partnership between New Delhi and Washington is very important and is based on "shared interests, democratic values, robust people-to-people ties."

According to Jaiswal, India is currently also examining the issue of US sanctions imposed on Indian companies purchasing Russian oil. He said it is too early to comment on the matter. He also declined to comment on reports regarding a halt in Russian oil purchases.

"You are aware of our broad approach to energy sourcing requirements, that we look at what is available in the market and the prevailing global situation or circumstances. We are not aware of any specifics," he stated.

The outlet recalled that over the past few years, Russia has been the main oil supplier to India. India received 35–40% of its oil from Russia, compared to less than 0.2% before 2022.

Is India abandoning Russian oil?

According to Reuters, India’s state-run oil refiners have temporarily halted purchases of Russian crude since last week due to threats from the US.

The largest buyers of Russian oil in India remain private companies Reliance Industries and Nayara Energy. However, state-owned refineries control more than 60% of the country’s refining capacity.

Read more information on whether Trump will punish India over Russian oil and how it could affect Ukraine in the material by RBC-Ukraine.