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India to keep buying Russian oil: Govt

Financial Express Kochi

|

August 03, 2025

THE NEW YORK Times on Saturday quoted two unnamed senior Indian officials as saying there had been no change in Indian government policy, with one official saying the government had "not given any direction to oil companies" to cut back imports from Russia.

Reuters reported this week that Indian state refiners stopped buying Russian oil in the past week after discounts narrowed in July.

"On our energy sourcing requirements...we look at what is there available in the markets, what is there on offer, and also what is the prevailing global situation or circumstances," India's foreign ministry spokesperson Randhir Jaiswal told reporters during a regular briefing on Friday.

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