NEW DELHI: India will continue to buy Russian oil as it proves economical, its finance minister said on Friday (Sept 5), despite the Trump administration's decision to impose heavy import tariffs on Indian goods due, in part, to its energy purchases from Moscow.
As Europe and the US have shunned Russian oil over Moscow's 2022 invasion of Ukraine, India has taken advantage of discounts on Russian output to become the largest buyer of Russian seaborne crude.
