India has not made any statement on halting purchases of Russian oil despite claims by US President Donald Trump that such a step was part of a new trade accord with Washington, the Kremlin said on Tuesday (3 February).
Trump announced a trade deal with India on Monday (2 February) that would cut US tariffs on Indian goods to 18% from 50% in exchange for New Delhi ending Russian oil purchases and lowering trade barriers. He said the agreement followed a call with Indian Prime Minister Narendra Modi, adding that India would begin buying oil from the United States and potentially Venezuela.
A White House official told Reuters that Washington would also rescind a punitive 25% duty on all imports from India linked to its purchases of Russian oil. That levy had been imposed on top of an existing 25% “reciprocal” tariff rate.
Kremlin spokesman Dmitry Peskov said Russia was carefully analysing Trump’s remarks on relations with India.
Asked directly whether India had decided to stop buying Russian oil, Peskov said: “So far, we have not heard any statements from Delhi on this issue.”
“We respect bilateral US-Indian relations,” he told reporters. “But we attach no less importance to the development of an advanced strategic partnership between Russia and India.
“This is the most important thing for us,” he added, “and we intend to further develop our bilateral relations with Delhi.”
India became the top buyer of discounted Russian seaborne crude after Moscow’s war in Ukraine began in 2022, a shift that triggered backlash among Western nations. Those countries have imposed sanctions on Russia’s energy sector in an effort to curb Moscow’s revenues and limit its ability to fund the war.
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Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 21st of July, covering the latest developments you need to know.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 22nd of July, covering the latest developments you need to know.
President Donald Trump said the United States will target Iran’s heavily fortified Pickaxe Mountain site “pretty soon” as he meets with Lebanese president Michel Aoun. Meanwhile, U.S. forces carried out a 10th consecutive night of strikes on Iran while Tehran continues to target Gulf countries.
Overnight U.S. strikes caused blackouts in southwestern Iran and hit the northwestern city of Tabriz for the first time. Separately, a U.S. soldier died in northern Iraq during a controlled detonation of an unexploded Iranian drone.
The United States has bombed Iran for an 11th consecutive night as the Pentagon says the war’s cost reach $37.5 billion. President Donald Trump threatens a heavy strike on the suspected Pickaxe Mountain nuclear site. Tehran warns that any attack could trigger a wider regional escalation.
Daniel Siad, a modelling scout whose name appeared in documents linked to convicted sex offender Jeffrey Epstein, has been found dead at his home near Paris, French prosecutors said. He was 69.
Ukraine's new commander-in-chief, Mykhailo Drapatyi, takes charge at a pivotal stage of the war with Russia, facing mounting challenges including troop shortages, battlefield reform and the rapid evolution of drone warfare.
ASEAN foreign ministers opened the 59th ASEAN Foreign Ministers’ Meeting in Manila on 21 July, launching four days of talks that run until 24 July. The agenda includes South China Sea tensions, Myanmar’s conflict and growing U.S.-China rivalry.
Canadian Foreign Minister Anita Anand has renewed calls for an immediate de-escalation and permanent ceasefire in the Middle East while she warned that the humanitarian situation had become "quite grave". Anand also raised concern over tensions in the South China Sea.
Pakistan has asked the U.S. for a $10 billion exchange stabilisation facility, according to a source briefed on the matter. If approved, the funding would bolster the country's foreign exchange reserves and provide a major boost to its cash-strapped economy.
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