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Russia has not received immoderate statements from India astir stopping Russian lipid purchases, Kremlin spokesperson Dmitry Peskov said connected Tuesday (February 3, 2026).
Mr. Peskov besides said that Russia intends to proceed to make its relations with India successful each imaginable way, according to Russian media reports.
India-U.S. commercialized woody LIVE
His comments came a time aft U.S. President Donald Trump claimed that Prime Minister Narendra Modi has "agreed to halt buying Russian Oil, and to bargain overmuch much from the United States and, potentially, Venezuela."
"Moscow has not yet received immoderate statements astir India halting purchases of oil," Peskov was quoted arsenic saying by the Russia media.
In a station connected Truth Social, Mr. Trump, who spoke with Prime Minister Modi, connected Monday (February 2, 2026) announced that India and the U.S. agreed to a commercialized woody nether which Washington volition complaint a reduced reciprocal tariff connected Delhi, lowering it from 25% to 18%.
Mr. Trump past twelvemonth imposed 50% tariffs connected India, among the highest successful the world, including 25% levies for its purchases of Russian energy.
India buys astir 88% of its crude oil, which is converted into fuels similar petrol and diesel, from overseas.
Russian lipid made up hardly 0.2% of each crude lipid that India imported till 2021. India, the world's third-largest lipid importer, became the largest purchaser of discounted Russian crude aft Western countries shunned Moscow pursuing its February 2022 penetration of Ukraine.
India's import of Russian crude lipid dropped to astir 1.1 cardinal barrels per time successful the archetypal 3 weeks of January, from an mean of 1.21 cardinal bpd successful the erstwhile period and implicit 2 cardinal bpd imports successful mid-2025, according to information from real-time analytics institution Kpler.
Iraq is present supplying astir the aforesaid volumes arsenic Russia, up from an mean of 9,04,000 bpd successful December 2025, according to Kpler.
Volumes from Saudi Arabia excessively person risen to 9,24,000 bpd successful January, from 7,10,000 bpd successful December and lows of 5,39,000 bpd successful April 2025.
