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India Will Keep Buying Russian Oil, Says Nirmala Sitharaman

Summary by NDTV Profit
India’s Finance Minister Nirmala Sitharaman said the country will continue buying Russian oil, signaling its intent to defy US President Donald Trump’s persistent demands to halt the purchases. “Where we buy our oil from, especially a big-ticket foreign exchange item where we pay so much, highest in terms of import, we will have to take a call on what suits us best,” Sitharaman said in an interview with News18 television on Friday. “We will undo…
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India’s Minister of Finance Nirmala Sitharaman has stated that her country will continue to buy Russian oil or any other country, bearing in mind that crude oil adapts to New Delhi’s needs in tariff or logistical terms. In this regard, the Minister of Finance assured in an interview with the Indian channel CNBC TV18 that India will continue to buy Russian oil. “It has been explained very clearly and simply. Whether it is Russian oil or any other…

India will continue to buy Russian oil despite the 50% US tariffs for Indian companies. This is profitable. This was stated by Indian Finance Minister Nirmala Sitharaman, RBC-Ukraine reports with reference to Bloomberg. "Where we buy oil from, especially such a large commodity for which we pay the most in imports, we must decide based on what is most profitable for us. We will certainly buy," Sitharaman said in an interview with News18. Thus, Ne…

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rbc.ua broke the news in on Friday, September 5, 2025.
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