New Delhi (PTI): Russia has always been open to supplying crude oil to India, Russian Ambassador Denis Alipov said on Thursday, amid increasing concerns over spiralling prices of petroleum products in view of the West Asia crisis.
Global oil and gas prices have surged after Iran has virtually blocked the Strait of Hormuz, a narrow shipping lane between the Persian Gulf and the Gulf of Oman, that handles roughly 20 per cent of global oil and LNG (Liquefied Natural Gas).
India imports 88 per cent of its crude oil needs and roughly half of its natural gas requirement. These mostly come via the Strait of Hormuz.
Any prolonged instability in West Asia is set to be detrimental to India's national interests as the region remains a major source of New Delhi's energy security.
"We have been open to supplying crude oil to India," Alipov told reporters while responding to a question on Russian crude oil supplies to India in view of the West Asia crisis.
The US launched military strikes on Iran on February 28, killing Iranian Supreme Leader Ali Khamenei.
Following the military offensive, Iran has carried out a wave of attacks mainly targeting Israel and American military bases in several Gulf countries including the UAE, Bahrain, Kuwait, Jordan and Saudi Arabia.
In the last three days, the conflict has widened significantly with attacks and counter-attacks by both the sides.
India's procurement of crude oil from Russia has seen sharp fall in the last few weeks.
US President Donald Trump, while announcing a trade deal with New Delhi last month, claimed India has agree to not procure crude oil from Russia.
In an executive order, Trump had rolled back an additional 25 per cent tariffs on India that he imposed in August last for India's procurement of crude oil from Russia.
In the order, the US said it would monitor whether India resumed Russian oil purchases directly or indirectly and that would determine whether a 25 per cent tariff would again be re-impose.
India has been maintaining that it will procure oil from multiple sources and diversify them to ensure stability in the supply chain with national interests remaining the "guiding factor" for the procurement.
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Washington DC: The White House has reportedly ruled out the use of nuclear weapons against Iran, even as uncertainty continues over ongoing peace negotiations and a deadline set by US President Donald Trump approaches.
Issues bout a possible escalation had increased after US Vice President JD Vance said that the United States has “tools in our toolkit that we so far haven’t decided to use” in dealing with Iran.
His remarks came amid rising tensions and ahead of a deadline linked to peace efforts.
The situation has attracted attention as Trump warned Iran that its “whole civilization will die tonight tonight” if an agreement is not reached by Tuesday at 8 pm.
This statement led to speculation about the possibility of extreme military measures, including a nuclear strike.
Following Vance’s comments, the White House issued a clarification distancing itself from such interpretations. In a post on X, it said, "Literally nothing @VP said here 'implies' this, you absolute buffoons." In a later statement, it added that “only the president knows” what action will be taken regarding Iran.
Literally nothing @VP said here "implies" this, you absolute buffoons https://t.co/7JU3wXMaWX
— Rapid Response 47 (@RapidResponse47) April 7, 2026
