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flag Trump claims India cut Russian oil buys, but India denies it; sanctions boost oil prices.

flag US President Donald Trump claimed India has "completely cut back" on Russian oil purchases and that China is significantly reducing its buys, asserting these moves could pressure Russia to end its war in Ukraine. flag Speaking ahead of a meeting with Chinese President Xi Jinping in South Korea, Trump said new sanctions on Russian oil firms Rosneft and Lukoil aim to disrupt funding for the war. flag He expressed hope for a comprehensive deal on trade, technology, agriculture, and fentanyl production. flag However, India has not confirmed the claims, maintaining its energy policy prioritizes national interests and affordability. flag Global crude prices rose nearly 5% after the sanctions announcement.

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