Despite threats of penalties from U.S. President Donald Trump, Indian officials have affirmed that India will continue purchasing oil from Russia. This announcement follows reports suggesting India might halt Russian oil imports due to potential sanctions. However, Indian officials have refuted these reports, asserting that no policy changes have been implemented.

According to sources, the decisions regarding oil imports are based on several factors, including price, the grade of crude oil, logistical considerations, and overall economic factors. One official stated that the government has not directed oil companies to reduce imports from Russia. These contracts are long-term agreements, making it difficult to cease purchases abruptly.

Trump had previously indicated that India could face additional penalties for buying arms and energy from Russia. He also mentioned imposing tariffs on countries that purchase Russian oil unless Moscow reaches a peace agreement with Ukraine. On Friday, Trump stated he had heard India would cease buying Russian oil, a move he would consider "a good step".

In response to Trump's statements, India's foreign ministry spokesperson, Randhir Jaiswal, emphasized India's "steady and time-tested partnership" with Russia. He added that India's relationships with other countries are independent and should not be viewed through the lens of a third country.

Earlier reports indicated that Indian state refiners had ceased purchasing Russian oil recently due to narrowing discounts in July. Lower Russian exports and steady demand have caused the discounts to shrink to their lowest levels since Western sanctions were imposed on Moscow in 2022.

The White House has not yet responded to requests for comment on the matter.