Russia expects to continue supplying oil to India despite warnings from the United States, Russian embassy officials in New Delhi said on Wednesday, adding that Moscow hopes trilateral talks will soon take place with India and China.

India is surprised by Washington’s U-turn on Russian oil purchases as the U.S. used to encourage the country to buy oil from Russia, its foreign minister claimed. The statement comes as a White House advisor indicated the Trump administration intends to proceed with a planned hike of tariffs on Indian goods over New Delhi’s oil

It comes as U.S. President Donald Trump imposed an additional 25 percent tariff on India for buying Russian oil.

Faced with high US tariffs and a need to diversify away from Russian oil, India is strengthening its oil trade with Brazil. Indian refiners, including IOC and Reliance Industries, are increasingly turning to Brazilian crude,

One month after being hit by European Union sanctions, India’s Nayara Energy Ltd. is relying on a growing pool of dark-fleet tankers to transport its products, and a narrowing menu of crude imports to keep its operations running.

Indian importers for the first time bought palm oil from Colombia and Guatemala as producers sitting on surplus stocks offered cargoes at steep discounts, four trade sources with direct knowledge of the matter said.

Oil India has fixed 4 September 2025, as the record date for its final dividend for FY25. The Maharatna PSU confirmed the development in an exchange filing, alongside declaring the date of its 66th Annual General Meeting (AGM) and releasing its Q1FY26 earnings.