India will continue purchasing discounted Russian oil despite US President Trump's threats of tariffs. India's foreign ministry stated its relationship with Russia is strong and independent of third-party influence. India's energy policy prioritizes market availability and global circumstances. While initially importing 68,000 barrels daily in January 2022, imports surged to over 2 million barrels by May 2023, making Russia a major supplier. This shift followed Russia's invasion of Ukraine and Western sanctions, offering India cheaper oil.
Prepared by Rachel Morgan and reviewed by editorial team.
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