Petroleum Minister Hardeep Singh Puri on Friday said India imports a very small portion of its oil requirements from Russia and was open to buying it if the terms were right
Oil ministry also asked OVL, the overseas investment arm of Oil and Natural Gas Corp, to consider buying a 30% stake held by Exxon Mobile Corp, in the Sakhalin 1 project in Russia's Far East
In the case of India, there is a relationship that goes back decades. And Russia, for India, was out of necessity a partner of choice when we were not in a position to be a partner: Antony Blinken
We've been very clear with India as well as other nations that we don't want to see them rely on Russia for defence needs. We've been nothing but honest about that and discouraging that: Pentagon
India has a longstanding relationship with Russia that includes weapons buying, and purchasing of oil adds to the Kremlin's coffers while it tackles financial sanctions
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President Joe Biden's top economic adviser says the administration has warned New Delhi against aligning itself with Russia.
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Describing India as an "important and serious" country, he said it does not come under any influence of the US
German officials said contracts stipulate payment for gas in euros and dollars and that must continue
Lavrov said Russia is committed to maintaining the flow of trade with India notwithstanding the sanction regimes
On Wednesday, Ukrainian Foreign Minister Dmytro Kuleba told NDTV that India can use its influence with Russia to convince it to stop the war in Ukraine
India and China are the only major countries that have not condemned what Russia calls its "special military operation"
Sonowal further said payments have been affected due to blockage of SWIFT in Russia and insurance cover has been withdrawn
Lavrov categorically said Russia's aim in Ukraine is to deprive the Kiev regime from building the capacity to present any threat to Russia
India may end up testing US and European Union tolerance if it agrees to rupee-ruble trade using Russia's communication channel SPFS to move funds
Amid mounting sanctions on Russia for launching military operations in Ukraine, India in line with its old ties and friendly relations will allow Moscow to invest and borrow in the domestic market.
A significant increase in Russian oil imports by India could expose New Delhi to a "great risk" as the US prepares to step up enforcement of sanctions against Moscow, a senior official said
Since the start of the war, India has been facing pressure from the West and its allies to take a stronger stand against Russia
"India will import more items from Russia, especially if it is at a discount," one senior Indian government official said