In his address, Putin noted that energy cooperation between Russia and India is successfully developing. "Russia remains a reliable supplier of energy resources and everything necessary for the development of Indian energy. We are ready to continue ensuring uninterrupted fuel supplies, which is critically important for India's rapidly growing economy," he emphasized.
According to the president, trade in oil and petroleum products between the two countries is carried out without interruptions, and the processing of Russian oil at Indian plants is proceeding as planned.
In addition, in August of this year, U.S. President Donald Trump imposed additional tariffs on Russian oil for India at 25%, increasing the overall tariff to 50%. This order was published on the official White House website. Trump also stated that similar measures could be applied to other countries that are partners of Russia.
In response to these actions, the Prime Minister of India noted that the country will protect the economic interests of its citizens, even if it requires significant costs.
On October 20, Russian Deputy Foreign Minister Andrei Rudenko confirmed that supplies of Russian oil to India continue. He added that the threats from the U.S. regarding the imposition of additional tariffs have not had an impact, and New Delhi intends to continue importing Russian fuel.
