India says priority is consumers after Trump comments on stopping Russian oil

Published October 16, 2025
In this file photo, a view shows oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia on July 14, 2025. — Reuters/File
In this file photo, a view shows oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia on July 14, 2025. — Reuters/File

India said on Thursday that its energy priority was the interest of its citizens, after United States President Donald Trump said New Delhi had promised it will stop buying Russian oil.

New Delhi neither confirmed nor denied it was shifting policy towards Russia.

“It has been our consistent priority to safeguard the interests of the Indian consumer in a volatile energy scenario,” Indian Foreign Ministry spokesman Randhir Jaiswal said in a statement.

“Our import policies are guided entirely by this objective.”

Indian Prime Minister Narendra Modi has previously defended buying oil from Russia, a historic partner of India, despite Moscow’s invasion of Ukraine.

Trump in August raised tariffs on Indian exports to the US to 50 per cent, with Trump’s aides accusing India of fueling Russia’s war in Ukraine.

“Ensuring stable energy prices and secured supplies have been the twin goals of our energy policy,” Jaiswal added. “This includes broad-basing our energy sourcing and diversifying as appropriate to meet market conditions.”

Meanwhile, opposition leader Rahul Gandhi criticised PM Modi, saying that he was “frightened” of Trump and that he allows the US president to “decide and announce” that India will not buy Russian oil. The chief of the Congress party also said that Modi keeps sending congratulatory messages despite repeated snubs.

India, one of the world’s largest crude oil importers, relies on foreign suppliers for more than 85pc of its oil needs.

New Delhi traditionally relied on Middle East nations.

But since 2022, it shifted sharply toward discounted Russian crude, taking advantage of a buyer’s market created by Western bans on Moscow’s exports.

“Where the US is concerned, we have for many years sought to expand our energy procurement,” Jaiswal said.

“This has steadily progressed in the last decade. The current administration has shown interest in deepening energy cooperation with India. Discussions are ongoing.”

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Afghan hostilities
Updated 28 Feb, 2026

Afghan hostilities

The need is for an immediate ceasefire and substantive negotiations, with the onus on the Taliban to rein in cross-border attacks.
Cutting taxes
28 Feb, 2026

Cutting taxes

PRIME Minister Shehbaz Sharif’s plan to cut direct taxes for businesses in the next budget acknowledges the strain...
KCR challenge
28 Feb, 2026

KCR challenge

THE Karachi Circular Railway is being discussed again. It seems that the project, or, rather, the hopes of it, are...
A collective effort
Updated 27 Feb, 2026

A collective effort

CONSIDERING the relentless wave of terrorist attacks Pakistan has been facing over the past few weeks, the...
Criminalising criticism
27 Feb, 2026

Criminalising criticism

ISLAMABAD seems to have developed quite a thin skin. A letter sent to the prime minister on Wednesday by leading...
Utter chaos
27 Feb, 2026

Utter chaos

THE PTI is in disarray. The lack of discipline within its ranks, which it has long refused to address, is finally...