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US President Donald Trump said on Thursday that he may visit India next year. He told that his talks with Prime Minister Modi are going very well and discussions on trade agreement between the two countries are progressing.
While talking to the media in the Oval Office of the White House, Trump once again described PM Modi as his friend and a good person. Trump said-
We keep talking. They have significantly reduced the purchase of oil from Russia. PM Modi has invited me to come to India and I am thinking of going there.
When reporters asked him if he would visit India next year, Trump smiled and said, yes, maybe.
Trump again claims- India-Pakistan war stopped
At the same time, Trump has once again claimed that he had stopped the India-Pakistan war by threatening tariffs. He said- Out of eight wars, I ended five-six with the help of tariffs. India and Pakistan were on the verge of war, both are nuclear countries. Eight aircraft were shot down. I said, if you fight, I will impose tariffs on both. And the matter was resolved within 24 hours.
Trump had decided not to come to India for the Quad Summit
According to a New York Times report, Trump had earlier decided not to come to India for the Quad conference to be held this year. This decision was taken when America had imposed higher taxes on India for purchasing oil from Russia.
October 29: Trump called Modi the best looking person
Earlier on October 29, at the APEC CEO Summit being held in South Korea, US President Donald Trump had called Prime Minister Narendra Modi the best looking person. Trump also said that a trade deal with India will happen soon.
Trump also mentioned India-Pakistan tension in his speech. He had claimed – When both the countries were fighting, I asked both of them to stop the war, but they refused. I had threatened to impose 250% tariff on both the countries. Two days later, both of them called and agreed to the ceasefire.
October 15: Trump said- Modi assured not to buy oil from Russia
Trump had claimed on October 15 that PM Modi had told him that India will no longer buy oil from Russia. He had said- I was not happy with India buying oil from Russia. Now we will have to get China to do the same.
Trump had said that recently Sergio Gore, who is going to be the US Ambassador to India, and PM Modi met. After this meeting, Sergio told me that he (Modi) loves Trump. I have seen India for years, there the government changes every year.
My friend (Modi) has been there for a long time. He assured that India will no longer buy oil from Russia. Although they cannot stop it immediately, there is a process which will be completed soon.
On October 11, US Ambassador to India Sergio Gore met PM Modi. This picture was shared by the Prime Minister on social media.
MEA’s reply – There was no talk of Modi-Trump
On Trump’s claim, Indian Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal had said, ‘There was no conversation between PM Modi and President Trump. India is a big buyer of oil and gas. Protecting the interests of the public has been our priority. Our import policies serve this purpose. Energy policy has two goals, firstly to set stable prices and secondly to maintain secure supply.
Jaiswal further said, ‘For this we broaden the energy sources and diversify as per the market conditions. As far as the United States is concerned, we have been trying to expand our energy purchases for many years. There has been continuous progress in this in the last decade.
The purpose of ban on India is to put pressure on Russia
America has imposed economic sanctions on India to put pressure on Russia. Trump has many times claimed that Russia promotes war in Ukraine with the money received from India’s oil purchases.
The Trump administration has been calling the economic action taken against India for taking oil from Russia as penalty or tariff.
Trump has imposed a total of 50 tariffs on India so far. There is a 25% reciprocal i.e. tit-for-tat tariff and a 25% penalty on purchasing oil from Russia.
Reciprocal tariffs came into effect from August 7 and penalties from August 27. According to White House Press Secretary Carolina Levitt, its purpose is to put secondary pressure on Russia, so that it can be forced to end the war.
India bought 34% oil from Russia in September
Despite Trump’s claims, Russia remains India’s largest oil source. According to data from commodity and shipping tracker Kleppler, New Delhi accounted for 34 percent of incoming shipments in September alone. However, there was a 10 percent decline in imports in the first eight months of 2025.
According to the agency data, India imported an average of 1.72 million barrels per day (bpd) of crude oil from Russia in the month of August 2025. At the same time, in September this figure decreased slightly to 1.61 million bpd.)
According to experts, this cut has been made to bring diversification in American pressure and supply. On the contrary, private refinery companies like Reliance Industries and Nayara Energy have increased their purchases.
Government refineries cut Russian imports
Government companies (like IOC, BPCL, HPCL) reduced Russian oil imports by more than 45%. Output fell to 600,000 bpd in September from 1.1 million bpd in June.
At the same time, private refineries (Reliance Industries: 850,000 bpd, Nayara Energy: ~400,000 bpd) balanced this, due to which the total supply was not affected.
How did buying cheap oil from Russia start?
February Europe imposed sanctions on Russian oil after the Russia-Ukraine war began in 2022. After this Russia diverted its oil towards Asia. According to media reports, India imported only 0.2% of Russian oil in 2021.
It became India’s largest oil supplier in 2025. Supplying an average of 1.67 million barrels per day. This is about 37% of India’s total requirement.
Why doesn’t India stop buying oil from Russia? India has many direct benefits of buying oil from Russia…
- Cheap oil from other countries: Russia is still giving cheaper oil to India than other countries. However, the discount which was earlier up to $30 per barrel has now come down to $3-6 per barrel.
- Long-Term Contracts: Indian private companies have long term contracts with Russia. For example, in December 2024, Reliance signed a contract with Russia to buy 5 lakh barrels of oil per day for 10 years. It is not possible to break such agreements overnight.
- Impact on global prices: India’s Russian oil imports help keep global oil prices stable. If India stops buying oil from Russia, global supply may reduce, causing prices to rise. After the war with Ukraine, oil prices reached $ 137 per barrel in March 2022.
Apart from Russia, which countries do India have options to buy oil from? India imports more than 80% of its oil needs. Apart from Russia, it buys most of the oil from countries like Iraq, Saudi Arabia and America. If Russia wants to stop oil imports then it will have to increase its imports from these countries…
- Iraq: It is India’s second largest oil supplier after Russia, which provides about 21% of our imports.
- Saudi Arabia: The third largest supplier, which supplies 15% of our oil needs (about 7 lakh barrels per day).
- America: In January-June 2025, India imported 2.71 lakh barrels of oil daily from America, which is double the previous amount. US share in India’s oil imports to reach 7% in July 2025.
- South African country: Nigeria and other South African countries also supply oil to India and government refineries are turning towards these countries.
- Other countries: Murban crude from Abu Dhabi (UAE) is a big option for India. Apart from this, India has also started importing oil from Guyana, Brazil, and other Latin American countries. However, buying oil from them is usually more expensive than Russian oil.
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Trump said – I have heard that India will stop buying oil from Russia: Report claims – India is still taking oil from Moscow
US President Trump said on Friday that there are reports that India will not buy oil from Russia for long. However, he said that he was not aware of the authenticity of these reports. But if this happens then it will be a good thing. Let’s see what happens next.
Earlier, Reuters reports had claimed that India has almost stopped buying oil from Russia due to American pressure and price rise. After this, the Indian Foreign Ministry held a press conference on Friday evening. However, it was not made clear how much truth there is in this claim.
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