“Russian crude oil remains the most cost effective option on the global market and Russia ’s energy ties with India are in tune with New Delhi’s national interests,” Russian Ambassador Denis Alipov said on Thursday (October 16, 2025).

Mr. Alipov's remarks came hours after U.S. President Donald Trump claimed that Prime Minister Narendra Modi assured him that New Delhi will stop procuring Russian crude oil.

"Russian energy remains the most cost-effective option on the global market, and Russia has consistently honoured its commitments while showing flexibility in developing alternative logistics and payment systems in the face of attempts to disrupt this cooperation," he said.

In his address at an event, Mr. Alipov also said Russian crude oil accounts for around one-third of India's t

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