stop buying oil from Russia Archives - Mission Ki Awaaz Latest English News, Breaking News & Local Updates Wed, 03 Jun 2026 01:37:22 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.missionkiawaaz.com/wp-content/uploads/2026/06/cropped-20260604_101334-32x32.jpg stop buying oil from Russia Archives - Mission Ki Awaaz 32 32 India will purchase goods worth $500 billion from the US and stop buying oil from Russia. https://www.missionkiawaaz.com/india-will-purchase-goods-worth-500-billion-from-the-us-and-stop-buying-oil-from-russia https://www.missionkiawaaz.com/india-will-purchase-goods-worth-500-billion-from-the-us-and-stop-buying-oil-from-russia#comments Wed, 04 Feb 2026 09:08:44 +0000 https://www.missionkiawaaz.com/?p=17559 Washington: The administration of former US President Donald Trump described the proposed trade deal with India as highly beneficial to American interests.

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]]> Washington: The administration of former US President Donald Trump described the proposed trade deal with India as highly beneficial to American interests. White House Press Secretary Karoline Leavitt said in a press briefing that India has agreed to purchase approximately $500 billion worth of energy, transportation, and agricultural products from the United States. According to her, this agreement would directly benefit American workers, industries, and consumers.

US Claims on Russian Oil

During the press briefing, Leavitt also stated that India has assured the US that it will stop buying crude oil from Russia and has committed to purchasing energy products from the United States in the future. She also claimed that Prime Minister Narendra Modi had discussed $500 billion in investment in the US.

Agreement Reached After Modi-Trump Conversation

According to Leavitt, this understanding emerged after a direct phone conversation between President Donald Trump and Prime Minister Narendra Modi. The White House has linked this to a strategy of strengthening the American economy and reducing India’s dependence on Russian energy.

Read Also : Eight opposition members were suspended from the Lok Sabha for the entire session.

Tariff Reduction Announced

Donald Trump himself announced details of this trade agreement. He declared a reduction in US tariffs imposed on India from 50 percent to 18 percent. However, some of the claims made by the US do not yet appear to have clear agreement from India.

Many Questions Remain Unanswered

Several aspects of the trade deal are currently unclear. Experts believe that a $500 billion purchase from the US by India is not practically feasible within the existing trade framework. Concerns remain in India, particularly regarding American agricultural and dairy products. Union Minister Piyush Goyal has already stated that the interests of the agriculture and dairy sectors will not be compromised.

Russia’s Reaction

Russia has also reacted to the US claims regarding India’s imports of Russian oil. Kremlin spokesman Dmitry Peskov said that they have not received any official indication from India that it is going to stop buying Russian oil.

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