US President Donald Trump has stated that India will significantly reduce its imports of Russian oil by the end of this year, following an assurance from Prime Minister Narendra Modi. During a press briefing at the White House, Trump mentioned that the reduction would be a gradual process, aiming to bring imports "down to almost nothing" by year-end. He noted that currently, nearly 40% of India's crude oil comes from Russia, calling this a substantial change. "India has been great. Spoke to Prime Minister Modi yesterday, and they have been absolutely great," Trump said.

Despite Trump's claims, the Indian government has denied any agreement regarding a reduction in Russian oil imports. The Ministry of External Affairs spokesperson, Randhir Jaiswal, clarified that there was no recent phone call between Modi and Trump discussing this matter. Jaiswal stated, "I am not aware of any conversation yesterday between the two leaders," adding that their last discussion was on October 9.

Trump, however, reiterated his stance, suggesting that if India continues to deny the conversation, it would face increased tariffs on its goods. He stated, "Well then, they're going to just keep paying a lot of tariffs if they said that, but I don’t believe they said that." The US has already imposed 50% tariffs on certain Indian products to encourage New Delhi to diversify its energy sources away from Russia.

India has maintained its position of continuing to purchase Russian oil, even amid the ongoing conflict in Ukraine. The Indian government has emphasized that its energy policy prioritizes stable fuel prices and sufficient supply for its growing population. Trump's remarks align with the US's broader strategy to limit funding for Russia's military actions through sanctions on major Russian oil companies, including Rosneft and Lukoil.

As the situation develops, it remains to be seen how India will navigate its energy needs while responding to international pressures regarding its oil imports from Russia.