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Ignoring Trump's punishment threats, Indian officials say they will continue to buy Russian oil.

GoldenOctober2024

2025-08-02 08:33:46

TRUMP-3,96%

Jin10 data reported on August 2 that, according to the New York Times, U.S. President Trump previously stated that he would punish India if it did not cut off oil imports from Russia, but did not specify what the possible punishment measures would be. Indian officials said on Saturday that despite Trump’s threat to impose penalties, they would continue to purchase cheap oil from Russia. New Delhi originally believed this issue had been resolved, but new setbacks have emerged. Two senior Indian officials stated, “There is no change in policy.” One official mentioned that the government “has not issued any directives to oil companies” to reduce imports from Russia.

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