India has indicated that it would continue buying oil from Russia despite threats by U.S. President Donald Trump.
The Indian foreign ministry said its relationship with Russia was “steady and time-tested,” and should not be seen through the prism of a third country.
Addressing a weekly presser on Friday, spokesman Randhir Jaiswal said India’s broader stance on securing its energy needs was guided by the availability of oil in the markets and prevailing global circumstances.
The comments follow an announcement by President Donald Trump that he intends to impose a 25% tariff on goods from India plus an additional import tax because of New Delhi’s purchases of Russian oil.
The threat came as the U.S. president has increasingly soured on Russia for failing to agree to a ceasefire in Ukraine and has threatened new economic sanctions if progress is not made.
Russian forces attacked a bus carrying miners in Ukraine’s Dnipropetrovsk region on Sunday, Feb. 1, killing...
Ukraine is enduring the most severe strain on its energy system since the start of Russia’s...
Several regions of Ukraine are out of power suddenly at 12:00 on Jan. 30.Several sources among...
