Russian President Vladimir Putin defended India’s purchases of discounted Russian crude during a state visit to New Delhi, noting that the United States itself imports Russian nuclear fuel. The trip featured a warm public greeting from Prime Minister Narendra Modi, signalling close ties despite Western pressure over the Ukraine war. India’s purchases of Russian oil jumped from about 2.5% before 2022 to nearly 36% now, saving refiners roughly $12.20 per barrel, but US tariffs and sanctions are pushing some firms to scale back. The leaders are set to discuss defence, trade and other cooperation, even as some bilateral targets look harder to meet.
Putin Defends India’s Russian Oil Purchases, Calls Out US Hypocrisy During New Delhi State Visit

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