India Stands Firm on Russian Oil Imports

Despite mounting pressure from the United States, the Indian government has firmly denied reports suggesting it has instructed refiners to cease purchasing Russian crude. This comes as Russian oil has become the primary source of petroleum for Indian refineries, especially favored by private refiners due to significant discounts.

Global Sanctions and India's Strategic Moves

Since the onset of the Ukraine conflict, Russia has emerged as a key oil supplier to India. With Europe and parts of America halting direct purchases, Indian refineries have not only catered to domestic demand but have also exported large quantities to other markets, leveraging the advantageous pricing.

Official Denial Amidst Reports

Contrary to claims by two foreign news agencies about the Indian government urging refiners to diversify their oil sources, a senior official clarified that no such directives have been issued. This statement underscores India's current stance on maintaining its energy supply chains amidst global geopolitical tensions.

US Threats and India's Response

Adding to the complexity, US President Trump recently hinted at imposing penalties over tariffs, citing India's substantial arms and oil deals with Russia. This development highlights the delicate balance India maintains in its international relations and trade policies.

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