India plans to continue buying cheap crude oil from Russia, despite sanctions imposed on major Russian oil companies by the United States and Europe.
Indian Prime Minister Narendra Modi met with Russian President Vladimir Putin for the Russia-India annual bilateral summit in New Delhi last week, during which Putin said: “Russia is ready for uninterrupted shipments of fuel to India.”
India is the second-largest consumer of Russian oil after China and is facing intense pressure from the US to stop buying it. Earlier this year, the administration of US President Donald Trump doubled trade tariffs on Indian goods to 50 percent, in part because of this issue, Trump said at the time.
Here is what we know about India’s imports of Russian oil, and how New Delhi has managed to keep its petrole

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