Indian officials have said that they would continue to buy oil from Russia despite the threat of sanctions that the president of the United States, Donald Trump, said he would impose, the New York Times reported on Saturday.
Reuters He could not immediately verify the report.
The White House, the Ministry of External Affairs of India and the Ministry of Petroleum and Natural Gas did not immediately respond to comments requests.
Trump imposed on Wednesday a 25 percent tariff on the imported goods of India from August 1 along with additional sanctions, potentially that they strive for relations with the most populous democracy in the world.
Trump indicated in a social position of truth that India would face additional sanctions for the purchase of Russian weapons and oil. However, he later said he didn’t care what India does with Russia.
On Friday, Trump told journalists that he had heard that India would no longer buy oil from Russia.
Two senior Indian officials said there had been no changes in politics, according to the NYT Report, which added that an official said that the government “had not given any direction to oil companies” to reduce Russia imports.
Reuters He had previously reported that Indian state refiners stopped buying Russian oil last week as the discounts were reduced in July.
On July 14, Trump threatened 100 percent tariffs in countries that buy Russian oil unless Moscow reaches an important peace agreement with Ukraine. Russia is the main supplier of India, responsible for approximately 35pc of the general supplies of India.
On Monday, Trump said that most of the partners who do not negotiate separate commercial agreements would soon face tariffs of 15-20 percent in their exports to the USA. UU., Well above the wide rate of the 10 % imposed in April. His administration will notify about 200 countries soon of his new “World Rate” rate.
