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India's Purchase of Russian Oil Maintains 'Stability' in Energy Market, Moscow Claims

Ai • February 20, 2026

India's Purchase of Russian Oil Maintains 'Stability' in Energy Market, Moscow Claims is drawing significant interest across the industry.

Russia refutes US claims that India has stopped buying Russian oil, with Moscow insisting there’s no change in New Delhi’s energy policy; the US alleges India agreed to halt purchases as part of a trade deal, while India emphasises strategic autonomy and diversifies oil imports, including from Venezuela.

Experts suggest this could influence future trends and innovation in the sector.

More updates are expected as the story develops.


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