New Delhi (PTI): Russian crude oil remains the most cost effective option on the global market and Russia's energy ties with India are in tune with New Delhi's national interests, Russian ambassador Denis Alipov said on Thursday.

Alipov's remarks came hours after US President Donald Trump claimed that Prime Minister Narendra Modi assured him that New Delhi will stop procuring Russian crude oil.

"Russian energy remains the most cost-effective option on the global market, and Russia has consistently honoured its commitments while showing flexibility in developing alternative logistics and payment systems in the face of attempts to disrupt this cooperation," he said.

In his address at an event, Alipov also said that Russian crude oil accounts for around one-third of India's total hydrocarbon imports.

The Russian ambassador also described Russia as India's "most reliable energy partner" and said there is scope for enhancing the overall ties, including in areas of defence, trade, connectivity and technology.

Alipov said the India-Russia strategic partnership is a "stabilising force" in global affairs and a powerful driver of economic growth".

"This kind of relationship is in increasing demand worldwide as we collectively navigate an era of unprecedented geopolitical turbulence," he said.

Later, Alipov, while responding to a question on Trump's remarks and if India will continue to procure Russian crude oil, said: "this is a question for the Indian government (to answer)."

The Indian government is dealing with the matter having in mind the national interests of this country in the first place, he said.

"Our cooperation in the energy sector is very much in tune of those interests," he said.

In response to the US president's comments, India said it is "broad-basing and diversifying" its sourcing of energy to meet market conditions.

External Affairs Ministry spokesperson Randhir Jaiswal, responding to Trump's remarks, said it has been New Delhi's consistent priority to safeguard the interests of the Indian consumer in a volatile energy scenario.

He said India's import policies are guided entirely by the national interest, adding India has been looking at expanding energy ties with the US as well.

"Ensuring stable energy prices and secured supplies have been the twin goals of our energy policy," Jaiswal said.

"This includes broad-basing our energy sourcing and diversifying as appropriate to meet market conditions," he added.

India's continuing purchase of petroleum products from Russia notwithstanding Western sanctions has become a major issue that resulted in severe downturn in ties between New Delhi and Washington.

In Washington, Trump told reporters that "he (Modi) has assured me there will be no oil purchases from Russia."

The US president said India may not be able to cut the procurement immediately but the process has started.

"It (process) has started. He can't do it immediately. It's a little bit of a process, but the process is going to be over soon," the US president said.

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New Delhi (PTI): Taking a swipe at the government, the Congress on Wednesday said the role played by Pakistan in bringing about the ceasefire between the US and Iran is a “severe setback” to Prime Minister Narendra Modi's “highly personalised diplomacy” and “the self-styled Vishwaguru stands thoroughly exposed”.

The opposition party also said Prime Minister Modi's “cowardice is demonstrated by his silence not only on Israel’s belligerence, but on the completely unacceptable and disgraceful language being used by his good friend in the White House”.

Congress general secretary in-charge communications Jairam Ramesh said the entire world will cautiously welcome the two-week ceasefire in the West Asia conflict between the US and Israel on the one side and Iran on the other.

“The conflict had begun on February 28th with the targeted assassinations of the topmost echelons of the regime in Iran. These had started just two days after Prime Minister Modi had completed his much-trumpeted visit to Israel, a visit that diminished India’s global stature and standing,” Ramesh claimed.

PM Modi had said nothing about Israel’s "genocide" in Gaza and its aggressively expansionist policies in the occupied West Bank, Ramesh said.

“The role played by Pakistan in bringing about the ceasefire is a severe setback to both the substance and style of Mr Modi’s highly personalised diplomacy,” he said.

The policy to isolate Pakistan for its continuing support to terrorism in Jammu and Kashmir and to convince the world that it is a failed state has clearly not succeeded – unlike what Manmohan Singh had accomplished after the Mumbai terror attacks, Ramesh claimed.

That a bankrupt economy dependent entirely on the largesse of external donors and a broken country in so many ways was able to play such a role calls into question Modi’s strategy of engagement and narrative management, he said.

“He (Modi) or his team has also never explained why Op Sindoor was suddenly and abruptly halted on May 10th 2025 - the first announcement of which came from the US Secretary of State and for which the US President has claimed credit almost a hundred times since then,” the Congress leader said.

“There is a palpable sigh of relief everywhere. The External Affairs Minister (S Jaishankar) dismissed Pakistan as a dalal. But now the self-styled Vishwaguru stands thoroughly exposed, his self-declared 56-inch chest shrunk and shrivelled,” Ramesh said.

“His cowardice is demonstrated by his silence not only on Israel’s belligerence, but on the completely unacceptable and disgraceful language being used by his good friend in the White House,” the Congress leader added.

US President Donald Trump pulled back on his threats to launch devastating strikes on Iran late Tuesday, as the US and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz.

Trump swerved to de-escalate the war less than two hours before the deadline he set for Tehran to capitulate to a deal or face attacks on its bridges and power plants meant to destroy the Iranian civilisation.

Trump made the dramatic announcement on Truth Social on Tuesday evening (US time) even as Democrats called for his removal over unhinged threats to wipe out the Iranian civilisation.

"Based on conversations with Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, of Pakistan, and wherein they requested that I hold off the destructive force being sent tonight to Iran, subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz," the US President said in a social media post.

Iran's Supreme National Security Council said it has accepted the ceasefire and that it would negotiate with the United States in Pakistan beginning Friday. Neither Iran nor the United States said when the ceasefire would begin, and attacks took place in Israel, Iran and across the Gulf region early Wednesday.

Israel backed the US ceasefire with Iran but the deal doesn't cover fighting against Hezbollah in Lebanon, Prime Minister Benjamin Netanyahu said early Wednesday.