1st news on rueter it said – some sources (not official sources). Donald Trump reacts to reports, calls it ‘good step’
“I understand that India is no longer going to be buying oil from Russia. That’s what I heard, I don’t know if that’s right or not. That is a good step. We will see what happens,” Trump told ANI.
Some state refiners have paused purchases temporarily due to reduced price discounts, not political reasons.
India has not stopped buying oil from Russia as of August 2025. Despite international pressures, including U.S. tariffs and sanctions aimed at discouraging Russian oil purchases, Indian oil refiners continue to import crude from Russia based on economic and market-driven factors. State-owned refiners such as Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) have moderated their purchases recently due to a narrowing of discounts on Russian crude, rather than any geopolitical reasons. Meanwhile, private players like Reliance and Nayara Energy continue to source Russian oil actively.
Russian crude remains an important part of India’s energy mix, accounting for roughly 35% of its total oil imports. India, as the world’s third-largest energy consumer, relies heavily on imports (about 85% of its crude oil demand) and adapts its sourcing strategy to secure affordable supplies while complying with international norms. Despite claims and statements by some international figures that India halted Russian oil imports, official sources in New Delhi have denied any formal stoppage.
The disruption caused by sanctions and tariff threats has led to some Russian oil tankers remaining idle near Indian ports, but India has also declared readiness to replace Russian supplies if trade is disrupted, emphasizing its strategic approach to energy security.
Summary
- Indian oil refiners continue importing Russian crude, driven by price competitiveness and quality.
- Some state refiners have paused purchases temporarily due to reduced price discounts, not political reasons.
- Russia accounts for about 35% of India’s crude oil imports, making it a significant supplier.
- India asserts sovereignty in making energy decisions based on national interests.
This ongoing trade relationship reflects a pragmatic approach by India to balance energy needs, economic factors, and international pressures without fully disengaging from Russian oil imports.
FAQs
Q1: Has India officially stopped buying oil from Russia?
No, India continues to import Russian crude oil although some state refiners have reduced purchases temporarily due to market pricing factors.
Q2: Why does India keep buying oil from Russia despite sanctions?
India prioritizes affordable energy supplies and strategic interests while adhering to international norms, sourcing crude based on price, quality, and supply logistics.
Q3: How much of India’s oil imports come from Russia?
Russia supplies approximately 35% of India’s total crude oil imports in 2025.
Q4: Are private Indian companies still buying Russian oil?
Yes, major private firms like Reliance and Nayara continue to import Russian crude actively.
Q5: What impact do U.S. tariffs have on India’s Russian oil imports?
U.S. tariffs and sanctions have pressured Indian state refiners to moderate Russian oil purchases, but imports continue overall.
Q6: Can India replace Russian oil if supplies are disrupted?
India has stated it is prepared to source oil from alternative suppliers if necessary, maintaining energy security.