India will keep purchasing oil from Russia despite U.S. President Donald Trump's threats of penalties, two Indian government sources said, not wishing to be identified due to the sensitivity of the matter.

By bnm Gulf bureau Indian officials have said they would keep purchasing oil from Russia despite threats of penalties from US President Donald Trump, The New York Times reported on August 2. New Delhi has been among the top buyers of seaborne Russian crude since Western sanctions altered Russia’s trade flows.

India’s Russian oil imports are keeping global crude prices from soaring to $200, say sources, as refiners continue purchases despite US pressure and Trump remarks.