India continues to buy oil from Russia, despite threats from U.S. President Donald Trump. The Indian foreign ministry emphasized that its longstanding relationship with Russia should not be influenced by external pressures.
- India continues purchasing oil from Russia.
- Relationship with Russia deemed "steady and time-tested."
- U.S. threatens tariffs on Indian goods.
- Russian oil imports rose significantly in 2022.
- Moscow became India's largest crude supplier.
- India seeks discounted oil amid Western sanctions.
During a recent press briefing, spokesman Randhir Jaiswal highlighted that India’s energy strategy is determined by market availability and global conditions. This statement comes amid Trump’s announcement on 2025-08-03 00:23:00, where he proposed a 25% tariff on Indian goods due to these oil purchases.
The ongoing energy dynamics raise questions about the geopolitical landscape. Can India maintain its energy independence while navigating U.S. tariffs? Here are some key points:
- India’s oil imports from Russia surged from 68,000 barrels per day in January 2022 to a peak of 2.15 million in May 2023.
- Nearly 40% of India’s oil imports now come from Russia, making it the largest supplier to New Delhi.
- India’s daily oil consumption is around 5.5 million barrels, with 88% sourced from imports.
- The shift from Middle Eastern suppliers to Russia marks a significant change in India’s energy strategy.
As India forges ahead with its energy plans, will it be able to balance its relationships with both Russia and the U.S.? The coming months will be crucial in shaping these dynamics.
