A report was revealed yesterday amidst the pressure from the US about the tariff, which said that many government oil refinery companies in India have banned the purchase of crude oil from Russia. In the report, sources were quoted as saying that these government companies of India have not imported crude oil since last week.
However, now an official statement has been revealed by quoting sources about this, in which the report of stopping Russian oil has been denied. Government sources said that the country’s energy purchase is based on the forces and national interests of the market and they have no report to stop Russian imports by Indian oil companies.
At the same time, another source told ANI that Indian oil refinery companies are continue to receive oil from Russian suppliers. Their supply decisions are on price, crude oil quality, reserves, logistics and other economic factor.
What was claimed
Yesterday the report said that refinery companies like Indian Oil Corporation, Hindustan Petroleum Corporation, Bharat Petroleum Corporation and Mangalore Refinery Petrochemical have stopped the purchase of Russian oil unnecessarily. Now these companies are moving towards middle east and Africa to buy oil.
Indian refinery companies back down amid tariff tension from America, pose on oil import from Russia
Trump said- India will no longer buy oil from Russia
While welcoming the report that stops Russian oil, US President Donald Trump said that India may probably stop purchasing raw oil from Russia. He takes this possibility a good step.
When Trump was asked if he had made a plan to finance India or talk to Prime Minister Narendra Modi, Trump replied that I have come to hear that India will no longer buy oil from Russia. I have heard so, but I do not know whether it is right or wrong. If this is the case then this is a good step.
‘I have heard India will no longer buy oil from Russia, this good step …’, Donald Trump made a big claim
America remains pressure on India!
Making a big announcement on Wednesday night, the US had said to implement 25 percent of tariffs on India, which was going to be implemented from August 1, but yesterday it has been postponed to 7 August. At the same time, America has also announced a fine for purchasing oil from Russia and defense improd.
Trump had argued that India should not impart oil and defense from Russia, so that his economy could not get help. With this, the war with Ukraine can be eliminated by putting pressure on Russia.
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