India is 'cutting back completely' on Russian oil: Trump
What's the story
US President Donald Trump has claimed that India is "cutting back completely" on its purchase of Russian oil, after new US sanctions were imposed on Moscow's energy sector. Trump said he would discuss this issue, along with agricultural trade and the global fentanyl crisis, during upcoming meeting with Chinese President Xi Jinping in South Korea next week. However, India has consistently rejected these claims, maintaining that its energy policy is guided by national interests and the need for affordable supplies.
Information
Fresh sanctions against Russian oil giants
Trump has also announced fresh sanctions against Russian oil giants Rosneft and Lukoil. The move is part of an effort to increase financial pressure on Moscow and cut off its funding for military operations through energy exports.
Trade discussions
Trump optimistic about US-China trade talks
Despite rising tensions over trade, technology bans, and raw material restrictions, Trump is hopeful that the upcoming talks could result in a "complete deal" addressing multiple trade and security issues. He said these discussions would be an opportunity to "reset" US-China relations. Notably, this isn't the first time Trump has made claims about India's Russian oil imports. He had earlier said that India would gradually reduce its purchases by year-end.