Alipov's comments came shortly after the remarks by MEA spokesperson Randhir Jaiswal, who emphasised that India's energy policies are shaped entirely by the need to protect consumer interests
The MEA's comment came after US President Donald Trump claimed that Prime Minister Narendra Modi has assured him that India will stop buying oil from Russia
Blocked from international markets by EU sanctions, the Russian-owned refinery has diverted more fuel to India and sought new export customers through various workarounds
Discounts on Urals crude loading in November are $2-to-$2.50 a barrel to Dated Brent, making it attractive
In 2023, Indian state refiners made some payments for Russian oil in yuan, but they stopped due to displeasure from the Indian government during a period of heightened tensions with Beijing
The European Union seeks concessions from India, tolerating ties with Russia and oil export; now India must reciprocate, avoiding unnecessary moves that would further strain EU's trust
Several reports claimed that Russia had decided to supply Pakistan with RD-93MA engines for its JF-17 Thunder fighter jets, reportedly moving ahead despite India's objections
US pushes India and EU to cut Russian energy imports, linking deals to compliance
Ahead of the India-Russia summit, President Putin directs ministers to resolve trade imbalance, ease barriers for Indian exports and strengthen private sector ties
Criticising US pressure on India and China to cut energy ties with Moscow, Putin said Trump's tariffs could backfire and pledged to reduce trade imbalance with New Delhi
PM Modi conveyed his warm greetings to President Vladimir Putin and said that he looked forward to welcoming him to India for the 23rd India-Russia Annual Summit
The European Union on Wednesday unveiled a new strategic agenda to ramp up its engagement with New Delhi in several key sectors such as defence, trade and technology even as the 27-nation bloc's foreign and security policy chief Kaja Kallas said India's military exercises and its purchase of Russian oil "stand in the way of closer ties". The EU said its closer partnership with India is increasingly becoming vital in the wake of shifting geopolitical realities and that it is imperative for the two sides to strengthen economic growth and security. Hours after the 'New Strategic EU-India Agenda' was unveiled, Prime Minister Narendra Modi and European Commission President Ursula von der Leyen reaffirmed their commitment to finalise the much-awaited India-EU free trade deal by the year-end. The top EU leader dialled Modi to greet him on his birthday. "Now is the time to double down on partnerships rooted in shared interests and guided by common values. With our new EU-?India strategy, w
Since India has none of China's bargaining chips, Trump has found it easy to target it for buying discounted Russian oil, a threat of further punishment, however, could backfire
The move to block sanctioned vessels comes amid heightened scrutiny of global shipping, driven by US tariffs on Russian crude and the ongoing Russia-Ukraine war
If adopted, Trump's proposal would mark a significant shift for the EU, which has so far relied on sanctions rather than tariffs to isolate Russia
White House trade adviser Peter Navarro has once again criticised India for continuing to procure Russian oil. In the last few weeks, Navarro has made a series of attacks on New Delhi for its energy ties with Russia. "Wow. @elonmusk is letting propaganda into people's posts. That crap note below is just that. Crap. India buys Russia oil solely to profiteer. It didn't buy any before Russia invaded Ukraine. Indian govt spin machine moving high tilt. Stop killing Ukrainians. Stop taking American jobs," Navarro said in a post on X on Saturday. India has been maintaining that its energy procurement is driven by national interest and market dynamics. Navarro was responding to a community note on his earlier post in which he had claimed that India's purchase of Russian oil "feeds" the Russian "war machine". "India highest tariffs costs US jobs. India buys Russian oil purely to profit/Revenues feed Russia war machine. Ukrainians/Russians die. US taxpayers shell out more. India can't hand
Trump admitted he 'just doesn't like' some of Narendra Modi's decisions, noting that India and the US "have moments on occasion" amidst ongoing trade and tariff tensions
India will be at negotiating table 'in a month or two', says Lutnick
India's shift ends hopes of reducing China's global economic grip through unilateral trade cuts, as New Delhi, once leading that push, is now forced to reverse course
India signed a $5.5 billion deal with Russia in 2018 for five S-400 Triumf long-range surface-to-air missile systems, which New Delhi says it needs to counter a threat from China