India winding down Russian oil buys as Trump threats multiply, but defence, nuclear collaboration to intensify
State-run oil refiners have been quietly advised to wind down deliveries of Russian crude.
State-run oil refiners have been quietly advised to wind down deliveries of Russian crude.
In a wide-ranging conversation with Indian journalists on Tuesday, Kremlin spokesperson Dmitry Peskov cast India as a “great friend” and a pivotal actor in a world where “rule of law has been ruined, trade norms broken”, and the promise of globalisation weakened.
External Affairs Minister S Jaishankar on Wednesday stressed that the opening of two new Consulates General of India in Kazan and Yekaterinburg in Russia will boost trade, tourism, economic, scientific, technological, academic and cultural ties between India and Russia.
His latest tariff warning comes just days after he imposed a 25 percent tariff on Indian goods, along with an unspecified penalty related to its trade with Russia.
The clarification came hours after US President Donald Trump claimed that he had heard that India would not purchase Russian crude oil.
