India Will Keep Buying Russian Oil, Finance Minister Says (1)

India’s Finance Minister Nirmala Sitharaman said the country will continue buying Russian oil, signaling its intent to defy US President Donald Trump’s persistent demands to halt the purchases.

“Where we buy our oil from, especially a big-ticket foreign exchange item where we pay so much, highest in terms of import, we will have to take a call on what suits us best,” Sitharaman said in an interview with News18 television on Friday. “We will undoubtedly be buying.”

WATCH: US Commerce Secretary Howard Lutnick says “it’s ridiculous” that India keeps buying sanctioned oil from Russia.

Source: Bloomberg

The comments come as New Delhi has kept up its purchases of Russian oil, saying it will continue to do so ...