India Denies Reports of Halting Russian Oil Imports
The Indian government has clarified that there is no official directive or confirmed report indicating a halt in crude oil imports from Russia. This comes after U.S. President Donald Trump welcomed such reports as “a good step,” suggesting India might be reconsidering its energy ties with Moscow.
Government Says Oil Purchases Continue as Normal
Top government sources confirmed that Indian oil companies continue to buy Russian crude based on commercial terms. They emphasized that decisions on sourcing are driven by factors like price, logistics, refinery configuration, and national energy security—rather than geopolitical pressure.
State Refiners Avoiding Spot Market Deals
While public sector units such as Indian Oil Corporation and Bharat Petroleum have not booked new spot deals for Russian crude in recent weeks, officials said this is part of routine purchasing adjustments and not an official freeze. These refiners still have term contracts and are expected to reassess their buying plans periodically.
Private Players Still Importing Russian Crude
Private refiners like Reliance and Nayara Energy continue to import Russian oil under long-term contracts. The government reiterated that all entities operate independently within the market framework and make decisions based on economics and supply diversification goals.
India Defends Strategic Energy Autonomy
India has maintained that it will pursue energy security in line with its national interest. Officials have repeatedly stated that oil sourcing decisions are not influenced by outside pressure. They also noted that Indian refiners comply with international pricing mechanisms and shipping regulations, including the price cap framework on Russian oil.
Policy Unchanged Despite External Remarks
Responding to Trump’s comments, Indian authorities said no policy shift has been initiated. They added that while India values its relationship with the U.S., decisions around energy imports are purely market-driven and will continue to reflect India’s strategic and economic priorities.
