India Reportedly Refuses to Halt Russian Oil Imports Despite U.S. Tariff Threats
Photo: Elements.envato.com, ill purposes.
India has no plans to cut oil imports from Russia, despite warnings from U.S. President Donald Trump about possible sanctions and tariffs, Orda.kz reports.
The New York Times, citing two senior Indian officials, states that New Delhi has issued no instructions to oil companies to reduce Russian imports. On the contrary, Indian authorities reaffirmed their commitment to existing long-term contracts, stressing that “it’s impossible to stop purchases overnight.”
On July 14, Trump announced the U.S. would impose 100% tariffs on Russia’s trade partners if no peace deal on Ukraine was reached within 50 days. Just two weeks later, he cut that deadline to 10 days and on July 30 imposed 25% tariffs on India, partly over its trade with Russia.
Trump also warned of potential penalties or sanctions if India continues buying Russian energy, claiming he had heard India would stop — though he admitted, “I don’t know if that’s true.”
Amid the pressure, Reuters reported on July 31 that four Indian state-owned refineries had temporarily paused Russian oil purchases. However, by August 1, Indian media citing government sources said the country’s top refiners — Indian Oil (IOC), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) — were continuing imports from Russia.
Analysts suggest Trump’s threats may be part of a broader strategy to pressure India ahead of a potential new trade deal with Washington. It remains unclear what concrete steps the U.S. might take if India maintains its current import levels.
Original Author: Rustam Muratov
Latest news
- Astana LRT Could Get A New Name
- Tokayev Sets Rules For Kazakhstan’s New Political System
- Kazakhstan Looks To Hong Kong To Open New Farm Export Routes
- Kazakhstan Simplifies Social Payment Rules
- Record Gold Reserves And Slower Inflation: What The National Bank Reported To Tokayev
- Gazprom To Increase Gas Supplies To Kazakhstan In 2026
- Gasoline Worth 37 Billion Tenge: Kazakhstan Uncovers Fuel Export Scheme To Kyrgyzstan
- Kazakhstan To Change Rules For Using State Symbols
- Cyprus Visit To Kazakhstan Sparks Dispute In Greek And Turkish Media
- Business Subsidies To Be Reviewed Once Every Three Years
- Former Kyrgyz Prime Minister’s Son Reportedly Detained In Almaty
- Nearly Three Billion Tenge Set Aside For Almaty Metro Extension
- Kyrgyzstan Enters UN Security Council For The First Time
- Kazakhstan Plans Radioactive Waste Center, But Still Has No Site
- Where Kazakhstan’s Toll Roads See The Most Traffic
- Teenager Hospitalized In Shymkent After Scorpion Bite
- Tax Authorities Start Warning Kazakhstanis About Mobile Transfers
- Deputy Seeks Amnesty For People Convicted Over Social Media Comments
- Kazakhstan To Write Off Billions In Fines Under New Amnesty Bill
- Kazakh MP Walks Back “Penaltystan” Remark After President’s Criticism