India will continue to buy Russian oil, government sources tell NYT

The two sources of government will continue to buy oil from Russia despite US President Donald Trump’s punishment threats New York Timesnot wanting to be defined due to the sensitivity of the subject.

One of the sources said, “These are long -term oil contracts.” “It’s not that simple to leave buying overnight.”

In a real social article last month, Mr. Trump said that India would face additional penalties for Russian weapons and oil purchases. On Friday, August 1, 2025, Mr. Trump told journalists that India heard that India could no longer buy oil from Russia.

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New York Times On Saturday, August 2, 2025, two unnamed Indian officials said that there was no change in the Indian government policy, and that an official did not give any direction to oil companies to reduce imports from Russia.

Reuters This week, Indian state refineries in July after the contraction of discounts last week reported that Russian oil stopped.

Import volumes nationwide breakdown | Photo Loan: PTI Graphics

Foreign Ministry spokesman Randhir Jaiswal told journalists during a regular briefing on Friday, saying, “Energy supply needs … What is available in the markets, what is offered, and at the same time the dominant global situations or conditions are looking at what.” He said.

Mr. Jaiswal added that India has a “stable and time -tested partnership with Russia” and that the new Delhi’s relations with various countries focused on its own value and should not be seen from the prism of a third country.

The White House in Washington did not respond immediately to comments.

Sources, at the beginning of this week due to low Russian exports and stable demand for the first time western sanctions applied to Moscow since 2022 reductions to the lowest levels of the reduction of the reduction of the Russian raw, the Russian raw withdrawal.

The state refineries of the country – Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemical Ltd – Four sources familiar to the purchasing plans of refinery, refiner Reuters.

India’s best oil supplier

On July 14, Mr. Trump threatened 100% tariffs for countries that bought Russian oil unless he reached a great peace agreement with Moscow Ukraine. Russia is the largest supplier of India, which is responsible for approximately 35% of India’s general materials.

In the first six months of 2025, Russia continued to be the best oil supplier in India and made up about 35% of India’s total materials, followed by Iraq, Saudi Arabia and the United Arab Emirates.

According to the data provided to Reuters by sources, India, the world’s third largest oil importer and consumer, received approximately 1.75 million barrels of Russian oil per day in January-June this year.

Nayara Energy, a major buyer of Russian oil, has recently been approved by the European Union because it belonged to the majority of Russian organizations, including the refinery oil major Rosneft.

Last month, Reuters Nayara’s general manager resigned after the implementation of EU sanctions and the company veteran Sergey Denisov was appointed as CEO.

Reuters reported that three ships loaded with petroleum products from Nayara Energy have not yet evacuated cargoes blocked by new EU sanctions on Russian -backed Rafiner.