President Donald Trump has publicly stated that India has agreed to curb its purchases of Russian oil, a claim that India has since denied. Trump informed reporters that he had spoken with Prime Minister Modi, who he alleges confirmed India’s intention to stop buying Russian oil. He further warned that significant tariffs would be imposed on India if this alleged agreement is not honored.
Following India’s rejection of the reported conversation, Trump suggested that continued defiance would result in hefty tariffs. He elaborated that India’s purchases have already decreased, indicating a move away from Russian energy. This situation echoes past US trade actions, including a substantial tariff placed on Indian oil imports, contrasting with the approach taken towards China.