India to maintain Russian oil imports despite Trump threats, government sources say
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 02 2025
0mins
Source: Reuters
India's Oil Purchases from Russia: India plans to continue buying oil from Russia despite U.S. President Trump's threats of penalties, citing long-term contracts and the need to stabilize global oil prices. Indian officials have indicated that there will be no immediate changes to their purchasing policy.
Impact of Sanctions on Indian Refiners: While the Indian government remains committed to Russian oil imports, state refiners have recently halted purchases due to reduced discounts and new EU sanctions affecting companies like Nayara Energy, which is majority-owned by Russian entities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
