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U.S. Treasury Official Confirms No Request for India to Cut Russian Oil Purchases

U.S. Treasury Official Confirms No Request for India to Cut Russian Oil Purchases

In recent weeks, there has been speculation and rumors circulating about whether the United States has asked India to cut its purchases of Russian oil in response to the ongoing conflict in Ukraine. However, a U.S. Treasury official has confirmed that there has been no such request made to India.

The official, who spoke on the condition of anonymity, stated that the U.S. government is aware of the importance of India’s energy security and understands that the country relies on a diverse range of sources for its oil imports. While the U.S. has been urging its allies and partners to reduce their dependence on Russian energy in light of the conflict in Ukraine, there has been no specific request made to India to cut its purchases of Russian oil.

India is one of the largest importers of Russian oil, with approximately 80% of its crude oil imports coming from Russia. The country has been facing pressure from both the U.S. and Russia to take a stance on the issue, but so far, India has maintained that it will continue to make decisions based on its own national interests.

The U.S. Treasury official emphasized that the U.S. values its relationship with India and recognizes the country’s strategic importance in the region. The official also noted that the U.S. is committed to working with India to address shared challenges, including energy security and regional stability.

Overall, while there have been calls for countries to reduce their reliance on Russian energy in response to the conflict in Ukraine, it appears that the U.S. has not specifically asked India to cut its purchases of Russian oil. This news will likely come as a relief to Indian officials and businesses who rely on Russian oil imports to meet their energy needs.