Trump says India will stop buying Russian oil and signs order lifting tariffs

Trump signed an executive order removing a 25% penalty tariff on India. The order stated that India had 'committed' to stop importing oil from Russia and would instead purchase oil from the United States and other sources, including Venezuela.

Indian officials, including Foreign Minister S. Jaishankar, responded by emphasizing that energy security and national interests guide their decisions. They stated that India is 'wedded to strategic autonomy' and will buy oil from any supplier based on market dynamics. Russian Foreign Minister Sergei Lavrov said Moscow had not heard from India about stopping purchases and that India is free to buy oil from any country.

The U.S. action was framed as part of a broader trade deal. A U.S. fact sheet and some U.S. officials said India earned the tariff relief by recalibrating its Russian oil trade. Data shows India's imports of Russian oil have declined but have not stopped.