U.S. President Donald Trump reaffirmed on Sunday that Indian Prime Minister Narendra Modi assured him India would halt its purchases of Russian oil. Speaking aboard Air Force One, Trump warned that India could continue facing “massive” tariffs if it fails to follow through. “I spoke with Prime Minister Modi of India, and he said he’s not going to be doing the Russian oil thing,” Trump told reporters.
When asked about India’s claim that no such conversation took place, Trump responded, “If they want to say that, then they’ll just continue to pay massive tariffs, and they don’t want to do that.” The issue of Russian oil imports remains a key sticking point in ongoing U.S.-India trade negotiations. Half of Trump’s 50% tariffs on Indian goods are said to be in retaliation for India’s continued oil purchases from Russia, which Washington argues help fund Moscow’s war in Ukraine.
India, now the largest buyer of discounted Russian seaborne oil, began ramping up imports after Western nations imposed sanctions following Russia’s 2022 invasion of Ukraine. Trump claimed that Modi personally confirmed India would stop buying Russian oil, but India’s foreign ministry stated it was unaware of any such conversation and reiterated that New Delhi’s main concern is to “safeguard the interests of the Indian consumer.”
A White House official later said India had reduced its Russian oil imports by half, though Indian sources disputed seeing any immediate decline. Market data from commodities firm Kpler suggests that India’s Russian oil imports are expected to rise by about 20% this month to 1.9 million barrels per day as Russia boosts exports following Ukrainian drone attacks on its refineries. Analysts believe any visible cut in India’s imports may appear only in December or January trade data.


Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify
Norway Opens Corruption Probe Into Former PM and Nobel Committee Chair Thorbjoern Jagland Over Epstein Links
Trump Allows Commercial Fishing in Protected New England Waters
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength
U.S. Announces Additional $6 Million in Humanitarian Aid to Cuba Amid Oil Sanctions and Fuel Shortages
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges
Iran–U.S. Nuclear Talks in Oman Face Major Hurdles Amid Rising Regional Tensions
Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Pentagon Ends Military Education Programs With Harvard University
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 



