There is immense pressure from the US to stop purchasing Russian oil. (Image: Adobe Stock)

New Delhi: The United States has long been pressuring India to stop purchasing Russian oil. The Donald Trump-led administration has even imposed a 50 per cent tariff on India. Trump has also consistently claimed that India could soon stop buying Russian oil. On Wednesday, October 15, he even said that Prime Minister Narendra Modi had personally agreed to stop these purchases “in a short time.”

How important is Russian oil to Indian economy?

Russian Ambassador to India Denis Alipov stated that Russian oil is “very beneficial to the Indian economy and the welfare of the Indian people.” Meanwhile, the Indian Foreign Ministry stated that its import policy was formulated “keeping in mind the interest

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