World Watch
Citing Prime Minister Narendra Modi’s Assurance, US President Donald Trump Claims India Will Stop Buying Russian Oil By Year End
President Trump also said that the process of phasing out Russian oil imports will be ‘gradual’, claiming that India will bring it ‘down to almost nothing’ by the end of the year.
Picture : You Tube/ Video Grab
United States President Donald Trump has claimed that India will significantly reduce Russian oil imports by year-end, citing Prime Minister Narendra Modi’s assurance.
According to media reports, President Trump also said that the process of phasing out Russian oil imports will be ‘gradual’, claiming that India will bring it ‘down to almost nothing’ by the end of the year.
“India, as you know, told me that they would stop. It is a process; you can’t just stop it. But by the end of the year, they will be down to almost nothing. That’s a big thing, that is almost 40 per cent of the oil. India has been great. Spoke to Prime Minister Modi yesterday and they have been absolutely great,” President Trump said during an interaction with press persons in the White House, while hosting North Atlantic Treaty Organisation (NATO) Secretary General Mark Rutte.
However, India denies any agreement, emphasising its priority to safeguard consumer interests.
The country’s energy policy prioritises stable prices and secure supplies.