Highlights:
The White House claims India has reduced Russian oil imports by 50 percent amid US pressure over the Ukraine conflict.
Indian officials and refiners deny any directive to cut imports, stating shipments for November and December are already scheduled.
Data from commodities firm Kpler shows India’s Russian oil imports may rise 20 percent this month to 1.9 million barrels per day.
India’s Ministry of External Affairs (MEA) refuted claims of a call between PM Modi and President Trump regarding stopping Russian oil purchases. - Advertisement -
Russia accounted for 36 percent of India’s total oil imports in the six months through September.
The White House has stated that India has cut its imports of Russian crude by 50 percent amid rising tensions over Moscow’s war in Ukraine