International

US Claims India Stopped Russian Oil Imports

The United States Treasury Secretary said India has stopped buying crude oil from Russia, making the claim during remarks on global energy trade. The statement suggested that India’s oil sourcing decisions were influenced by recent geopolitical and economic developments.

What Is The Reality

India has not completely stopped importing Russian oil. Official trade and shipping data show that while Indian refiners have reduced purchases in recent weeks and adjusted sourcing strategies, Russian crude continues to be part of India’s import basket. India remains one of the largest buyers of discounted Russian oil since the Ukraine conflict began.

Why It Matters

Oil imports are critical to India’s energy security, and procurement decisions are largely driven by price, availability, and logistical considerations. Any suggestion that India has halted Russian imports carries diplomatic and economic implications, especially amid ongoing global energy volatility.

What Comes Next

India is expected to continue diversifying its crude oil sources while balancing cost advantages and geopolitical risks. Import volumes may fluctuate, but Russian oil has not been formally excluded from India’s energy strategy.

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