Russia Denies India Stopped Oil Imports, Reaffirms Strong Partnership Amid US Trade Deal Claims
World
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Moneycontrol•03-02-2026, 17:02
Russia Denies India Stopped Oil Imports, Reaffirms Strong Partnership Amid US Trade Deal Claims
- •Russia denies receiving any official information from India about stopping Russian oil imports, contradicting US President Donald Trump's claims.
- •Trump had stated that India agreed to halt Russian oil purchases as part of a new trade deal with the US, reducing tariffs on Indian goods.
- •Kremlin spokesman Dmitry Peskov confirmed no such statement or information has come from New Delhi regarding oil purchase cessation.
- •Russia emphasizes its strategic partnership with India is crucial and will continue to advance relations, including energy cooperation.
- •The India-US trade agreement includes a reduction of tariffs on Indian goods from 50% to 18% and a goal for India to buy $500 billion in US goods.
Why It Matters: Russia refutes Trump's claim of India stopping oil imports, affirming strong ties and ongoing energy cooperation.
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