The high-stakes trade standoff between the world's two largest democracies might intensify as President Donald Trump on Monday publicly issued a stark ultimatum: India will continue to pay "massive" tariffs unless it restricts its import of Russian crude oil.
PM Modi had told him "he's not going to be doing the Russian oil thing," the President further said.
The threat links Washington's core geopolitical objective—cutting Moscow's oil revenue to allegedly fund its war in Ukraine—directly to crippling economic pain for New Delhi's exporters. This coercive diplomacy comes after the Trump administration hiked duties on a range of Indian goods to an unprecedented 50%, with the penalty for Russian oil purchases being explicitly cited as the reason.
The Republican President's comments on New Delhi committing to phasing out Russian oil comes a second time in one week.
A day after India rebutted his earlier claim that Prime Minister Narendra Modi had assured him of halting Russian oil imports, Trump doubled down on Friday, asserting that New Delhi had already “de-escalated and more or less stopped” buying oil from Moscow.
Speaking during a bilateral luncheon with Ukrainian President Volodymyr Zelenskyy at the White House, Trump declared that India “will not be buying oil from Russia anymore,” adding that it had previously purchased about 38 percent of its oil from Moscow but was now “pulling back entirely.”
He contrasted India’s position with that of Hungary, which he described as “stuck” due to its dependence on a single pipeline. Trump’s renewed remarks highlight the administration’s continued push to isolate Moscow’s energy trade amid the Ukraine conflict.
India reaffirms energy policy
New Delhi, however, has maintained that its energy policy is guided by national interest and the need to safeguard consumers from volatile global prices. Responding to Trump’s remarks, Ministry of External Affairs spokesperson Randhir Jaiswal reiterated that India is a significant importer of oil and gas, and that diversification of energy sources remains a key priority.
“It has been our consistent priority to safeguard the interests of the Indian consumer in a volatile energy scenario,” Jaiswal said, adding that India’s import policies are determined by market conditions and aimed at ensuring stable prices and secure supplies.
He also noted that energy cooperation with the U.S. has expanded over the past decade and that discussions on deepening that partnership remain ongoing.
PM Modi had told him "he's not going to be doing the Russian oil thing," the President further said.
The threat links Washington's core geopolitical objective—cutting Moscow's oil revenue to allegedly fund its war in Ukraine—directly to crippling economic pain for New Delhi's exporters. This coercive diplomacy comes after the Trump administration hiked duties on a range of Indian goods to an unprecedented 50%, with the penalty for Russian oil purchases being explicitly cited as the reason.
The Republican President's comments on New Delhi committing to phasing out Russian oil comes a second time in one week.
A day after India rebutted his earlier claim that Prime Minister Narendra Modi had assured him of halting Russian oil imports, Trump doubled down on Friday, asserting that New Delhi had already “de-escalated and more or less stopped” buying oil from Moscow.
Speaking during a bilateral luncheon with Ukrainian President Volodymyr Zelenskyy at the White House, Trump declared that India “will not be buying oil from Russia anymore,” adding that it had previously purchased about 38 percent of its oil from Moscow but was now “pulling back entirely.”
He contrasted India’s position with that of Hungary, which he described as “stuck” due to its dependence on a single pipeline. Trump’s renewed remarks highlight the administration’s continued push to isolate Moscow’s energy trade amid the Ukraine conflict.
India reaffirms energy policy
New Delhi, however, has maintained that its energy policy is guided by national interest and the need to safeguard consumers from volatile global prices. Responding to Trump’s remarks, Ministry of External Affairs spokesperson Randhir Jaiswal reiterated that India is a significant importer of oil and gas, and that diversification of energy sources remains a key priority.
“It has been our consistent priority to safeguard the interests of the Indian consumer in a volatile energy scenario,” Jaiswal said, adding that India’s import policies are determined by market conditions and aimed at ensuring stable prices and secure supplies.
He also noted that energy cooperation with the U.S. has expanded over the past decade and that discussions on deepening that partnership remain ongoing.
You may also like
Louvre museum heist: From tiara to Napoleon's emerald wedding gift set — what 'priceless' jewels were stolen in Paris
'Masterpiece' film is 'greatest war movie of all time' and now streaming on Amazon Prime
Brazilian President Lula seeks to create 'strategic alliance' with India to develop both economies
Latest OTT releases this Diwali week: They Call Him OG to Param Sundari to Nobody Wants This Season 2 and more on Netflix, Prime Video, JioHotstar
Is anger in your DNA? Scientists reveal how temper may run in families
