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PoliticsSep 02, 2025 01:57 AM

Indian oil minister denies country is profiteering from Russian imports

NEW DELHI, Sept 1 (Reuters) - India is not "profiteering" from Russian oil imports and its purchases have stabilised markets while keeping prices from rising to as much as $200 a barrel, Hardeep Singh Puri, country's oil minister, said in the Hindu newspaper on Monday. The U.S. has targeted India for its Russian oil purchases, with President Donald Trump imposing tariffs on Indian exports to the U.S. to discourage the country's crude buying. Treasury Secretary Scott Bessent accused India of pr ...Read More >

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