Ukraine’s allies continue flowing billions of dollars into oil trade with Russia. The Indian government, in response to US President Donald Trump’s ultimatum, which threatens secondary sanctions against countries importing Russian energy, says that “the very nations criticizing India are themselves indulging in trade with Russia.”

“India’s imports are meant to ensure predictable and affordable energy costs to the Indian consumer… It is revealing that the very nations criticizing India are themselves indulging in trade with Russia,” says the Indian government. 

The West keeps trading with Russia: The numbers are striking

India points to the Western blatant double standards.

• In 2024, EU–Russia trade in goods reached €67.5 billion.
• In 2023, services trade totaled €17.2 billion.
• In 2024, Europe imported a record 16.5 million tonnes of Russian LNG, the highest volume since 2022.

Many critical Russian exports remain unsanctioned, including:

• Palladium for the US auto industry
• Uranium for nuclear power plants
• Fertilizers, chemicals, metals, machinery, and equipment, all of which the US continues to import from Russia.

India rejects restrictions

India emphasizes that its decisions are driven by economic necessity, not political alignment.
New Delhi is ready to defend its energy security, even if new sanctions are imposed.

“The targeting of India is unjustified and unreasonable. Like any major economy, India will take all necessary measures to safeguard its national interests and economic security,” the Indian government claimed. 

Effectively, India has held up a mirror to the US and Europe: stop your own trade with Russia before demanding the same from others.

India has started buying American, Canadian, and Middle Eastern oil, but has not abandoned Russian supplies. The country’s giant Indian Oil Corp has recently purchased 7 million barrels of oil, Reuters reports. 

Indian Oil Corp strengthens supplies from the West and the Middle East

According to the latest findings, India’s largest oil refining company has bought 4.5 million barrels of American oil, 500,000 barrels of Canadian Western Canadian Select, and 2 million barrels of Das crude from Abu Dhabi. The delivery is scheduled for September 2025.

These large purchases are connected to the country’s intention to replace Russian oil due to falling discounts and new EU sanctions on Russian energy.

Sanctions pressure and trade risks

Earlier, Oil Minister Hardeep Singh Puri said India was ready to meet its oil needs from alternative sources if Russia’s supplies are affected by secondary sanctions. 

In July, US President Donald Trump stated that countries continuing to buy Russian oil could face 100% tariffs if Moscow does not agree to a peace deal with Ukraine within at first, 50 days and then 10 days.

NATO Secretary General Mark Rutte confirmed that due to the new economic measures, countries, including India, could suffer losses if they continue to do business with Moscow. 

US lawmakers skipped a Russia sanctions vote and left the sanctions in Trump’s hands as his 8 August deadline approaches. The Hill says the Senate left Washington for its August break without advancing a sweeping sanctions bill aimed at Moscow, leaving the president to decide how to confront Vladimir Putin over the war in Ukraine.

Senate exits after Trump’s ultimatum to Russia 

The Hill reports that Trump warned that Putin has until 8 August to stop the war in Ukraine or face tariffs on countries that continue buying Russian oil. As a preview of this pressure, he imposed a 25% tariff on India, a major buyer of Russian energy. That is far below the 500% tariffs proposed in the stalled bill. Some senators admit that leaving the bill untouched puts the responsibility entirely on the president for now.

Republican senators say they expect Trump to act decisively. Republican Senator Mike Rounds said to The Hill that Trump is now disappointed in Putin. Democrats doubt that Trump will go as far as needed, though they acknowledge that his tone has grown tougher. Trump earlier described Russia’s air attacks on Ukraine as disgusting and said his team is ready to impose sanctions.

Submarines, tariffs, and diplomacy

In response to threats of nuclear weapons from Russia’s former President Dmitry Medvedev, Trump ordered nuclear submarines to the region. Trump told reporters that his envoy Steve Witkoff will visit Russia after a trip to Israel. He stressed that he will impose sanctions but admitted he is unsure if they will change Moscow’s behavior. 

Senate hawks frustrated by inaction on Russia sanctions

The blocked bill was designed to hit Russia’s oil revenues hard by imposing tariffs on countries that keep buying Russian crude. Analysts at the Center for Strategic and International Studies argue that oil revenue is key to funding Moscow’s war. Supporters of the bill say a missed opportunity weakens the message.

Democrat Senator Richard Blumenthal, coauthor of the bill with Republican Lindsey Graham, said he would see it as a success if Trump imposed even a part of the planned tariffs. 

Early signs of impact

Indian oil refiners have already paused imports of Russian oil after Trump’s 25% tariff announcement. 

Graham said Trump has now adopted the idea of targeting countries that buy Russian oil. He added that Trump can act either through executive action or with the help of the bill if it passes later.