Trump says Modi has assured him India will not buy Russian oil
Summary
President Donald Trump announced that Indian Prime Minister Narendra Modi promised to stop buying oil from Russia. This move is part of Trump's effort to cut Russia's energy income as the U.S. and the EU have imposed sanctions on Moscow. Trump also seeks to persuade China to end its Russian oil imports.Key Facts
- President Trump says Prime Minister Modi promised India will stop buying oil from Russia.
- Russia's oil exports are under sanctions by the U.S. and EU due to its 2022 Ukraine invasion.
- India and China are major buyers of Russian oil, benefiting from discounted prices.
- Trump wants China to also stop buying Russian oil to cut off Russia's energy income.
- Tariffs were imposed by Trump on Indian exports to discourage buying Russian crude.
- India's switch from Russian oil would be a major change, as Russia is its top supplier.
- Modi has previously resisted U.S. pressure, citing national energy needs.
- Trump's strategy involves bilateral agreements rather than just multilateral sanctions.
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