Russia sees no change in India's stance on Russian oil

Russia's Foreign Ministry stated on February 18, 2026, that it has no reason to believe India has altered its position on purchasing Russian oil. This comes amid U.S. claims that India agreed to halt such imports as part of a trade deal. The ministry emphasized the mutual benefits of these purchases for energy market stability.

On February 18, 2026, Russia's Foreign Ministry spokesperson Maria Zakharova addressed recent U.S. assertions during her weekly briefing. She stated, “We have no reason to believe that India has changed its position on buying Russian hydrocarbons. India’s purchase of Russian hydrocarbons benefits both countries and helps maintain stability in the international energy market.”

The comments responded to claims by U.S. President Donald Trump and Secretary of State Marco Rubio that India committed to stopping Russian crude oil imports. Zakharova remarked, “There is nothing new in the claims of U.S. President Donald Trump, as well as U.S. Secretary of State Marco Rubio, who have grabbed the right to dictate to independent nations.”

This follows a phone conversation between Indian Prime Minister Narendra Modi and Trump, leading to a U.S. announcement reducing tariffs on Indian goods from 50% to 18%. The deal removed a 25% tariff imposed on India in August 2025 over its Russian oil purchases. Last week, Rubio reiterated India's commitment to end such buys, shortly after New Delhi stressed that national interests guide its energy procurement.

India has neither confirmed nor denied the U.S. claims. Russia has previously accused Washington of using coercive measures, including tariffs and sanctions, to deter countries from buying its oil. Zakharova also criticized European allies supporting Ukraine for opposing peace efforts.

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Trump and Modi shaking hands at podium with trade deal graphics showing end to Russian oil buys, U.S. tariff cuts, and massive American exports.
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Trump says U.S. and India reached trade deal tied to ending India’s Russian oil purchases

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President Donald Trump said he and Indian Prime Minister Narendra Modi reached a trade agreement under which India would stop buying Russian oil and increase purchases from the United States, while Washington would cut tariffs on Indian goods from 25% to 18%. Trump also said India would move to eliminate tariffs and non-tariff barriers on U.S. products and would buy more than $500 billion in American goods, though key elements were not independently confirmed by the U.S. or Indian governments in the immediate aftermath.

In response to talks on India purchasing Venezuelan oil under a US trade pact, Russia has stated that India is free to buy oil from any country. However, Moscow noted that replacing Russian oil volumes would not be commercially simple. India imports nearly 88% of its crude oil, with Russian supplies emerging as a key source after 2022.

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An interim trade agreement between India and the US has been finalized, reducing tariffs on Indian exports from 50% to 18%. This move will benefit Indian exporters, particularly in textiles and diamonds. However, India has not confirmed US claims regarding stopping Russian oil purchases.

India and the United States have agreed to reduce US tariffs on Indian exports from 50% to 18% under a bilateral trade deal, boosting India's competitiveness. Commerce Minister Piyush Goyal assured Parliament that agriculture and dairy sectors are fully protected. The agreement removes punitive tariffs linked to India's Russian oil purchases.

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Reliance Industries has clarified that its Jamnagar refinery has not received any cargo of Russian oil in the past three weeks. The company stated it is not expecting any deliveries of Russian crude oil in January. This denial comes in response to a Bloomberg report.

Commerce Minister Piyush Goyal defended the newly concluded India-EU free trade agreement against domestic criticism, emphasizing its benefits for economic growth. The deal addresses key issues like carbon tariffs and mobility for professionals. However, US Treasury Secretary Scott Bessent expressed disappointment, accusing Europe of prioritizing trade over support for Ukraine.

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백악관은 트럼프 대통령의 해당 국가가 석유 매장량을 넘겨줄 것이라는 주장에 따라 베네수엘라에 중국 및 러시아와의 관계를 제한하도록 압력을 가하는 것을 배제하지 않았다. 중국은 이 조치를 베네수엘라 주권에 대한 노골적인 간섭으로 비난했다. 베이징은 카라카스가 천연자원에 대한 완전한 영구 주권을 보유하고 있다고 강조했다.

 

 

 

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