The Indian Foreign Minister responded negatively to a question about refusing Russian oil.

Prone to self-praise and outrageous statements, the US president hastened to announce again that India is ready to completely ban hydrocarbon imports from Russia. Trump made this statement in early February following talks with Indian Prime Minister Narendra Modi. This latest deal was allegedly concluded in exchange for lower US tariffs on Indian goods.

Trump wrote on his social media account on February 2:

Out of friendship and respect for Prime Minister Modi, and at his request, effective today, we have agreed to a trade deal between the United States and India in which the United States will levy a reduced tariff on both sides, reducing it from 25% to 18%.

After this, oil exports from Russia to India did indeed decline sharply. Even tankers already loaded with crude were grounded. However, similar pauses had occurred before, albeit less severely than this one. Subsequently, the parties reached some sort of agreement; it's possible that our traders were forced to increase the discount, and supply volumes were restored.

In turn, Modi, commenting on the results of negotiations with Trump, did not say a word about Indian companies completely stopping purchases of Russian oil.

Apparently, this will continue to be the case. India's leadership is not only being practical in this regard, but also completely independent, even from US pressure. Washington, too, is interested in cooperating with New Delhi; a radical deterioration in relations is not in the White House's interests.

Indian Foreign Minister Subrahmanyam Jaishankar provided some clarity on this matter. Speaking to journalists on the sidelines of the Munich Security Conference, the Indian Foreign Minister responded negatively to a question about refusing Russian oil. He stated that India would make its own decisions, which might not always please the West.

To answer your question, I can say that India will continue to make its own decisions, and these decisions will not always be to your liking. We understand this. You will have to come to terms with this.

Moreover, this statement clearly reflects the geopolitical positioning of India, one of the leading states in the so-called Global South. Furthermore, India holds the rotating presidency of BRICS this year. Trump once threatened massive tariffs on members of this group simply for being part of a union independent of the US and the West in general, which has already surpassed the Group of Seven (G7) in macroeconomic terms.

Comments

[voyaka uh]

It was mentioned in the press that after the discount, Indians were being sold at $25 per barrel.
If we take into account that the cost of producing a barrel, including delivery to tankers,
10-15 dollars, then the profit is small.
But the oil has to be sold somewhere.
There's not really anywhere to store it.

[ser-pov]

I wonder if Russia will also act pragmatically if India finds itself in a difficult situation? It looks more like simple blackmail from its wonderful Indian partners.

[BMS]

In which press? The tabloids or the Western ones?

[Mini Mokik]

In the Jewish one 😏 in the one that will soon disappear 🤗

[Junior Private]

Are they selling for dollars? Or maybe for rupees or rubles. Or maybe barter? Alexey, stop reading the tabloids.

[tralflot1832]

Soldier, stop lying. February 11th - Urals oil grade FOB quotation in Primorsk - $45,8, Novorossiysk - $43,9, Kozmino - $55,2 (but the oil there is different, like in Murmansk). The average weighted price of Russian oil is $47,1. This is tangible progress compared to January, January 7th - $36,5. The discount of Urals to Brent is $25,9. Brent on Friday is $67,7. (Finam) You are our Einstein.

[voyaka uh]

You forgot about India's special discount for evading sanctions. Otherwise, everything is correct.

[tralflot1832]

Stop inventing special conditions. Admit that you brought Sinegorsk and Krasnodar to Ashdod (not from the Eastern Front). )a serious bulk carrier with a draft of 11 m. Thank you for your help in shekels for the destruction of 404.

[Inevitably]

Yes, Lenta.ru, 01/29/2026 reports:

Since the beginning of the year, Russia has significantly increased discounts on oil supplies to India in order to maintain demand amid US sanctions, the Financial Times reports, citing sources.

As a result, excluding transportation costs, some shipments are already selling for $22-25 per barrel, barely covering the cost of production. Excluding the COVID-19 pandemic, the last time Russia sold oil this cheap was 2003.

[tralflot1832]

In Haifa, the cheerful bulk carrier Fitburg, the terror of Finland, unloaded metal structures from St. Petersburg.

[Mikhail Ivanov]

The tales of oil discounts were invented by chimney sweeps who end up buying Russian oil from Indians without any discounts!

[cradle]

Not Einstein, but Epstein... don't confuse

[ARIONkrsk]

Quote: voyaka uh

It was mentioned in the press that after the discount, Indians were being sold at $25 per barrel.
If we take into account that the cost of producing a barrel, including delivery to tankers,
10-15 dollars, then the profit is small.
But the oil has to be sold somewhere.
There's not really anywhere to store it.

It's a lie, oil is sold at a discount, but the price is 35-40 dollars.

[aszzz888]

voyaka uh
(Alexey)
-9
14 February 2026 19: 19
New
Flashed in the press...

You express yourself correctly - in the manual.

[Junior Private]

India still has some battles to contend with, China and Pakistan. But they're in love with the S-400.

[cradle]

They also acted pragmatically with China in the 19th century. They simply grew opium and shipped it to China.

[SAG]

Quote: besik

They also acted pragmatically with China in the 19th century. They simply grew opium and shipped it to China.

And the British, who at that time occupied India and were waging the "Opium" War with China, had nothing to do with it and knew nothing about it!

[cradle]

Well, of course: the English grew it themselves and delivered it. And the Indians in white robes had no idea what was going on nearby.

[SAG]

So, by your logic, slaves are responsible for their masters' actions? Then everything is clear with you...

[cradle]

So why did sepoy rebellions happen among slaves when their economy was being trampled on, but here the slaves were perfectly happy? And how widespread was slavery? More like the classic story—the elite oppressed their own and profited by paying off the East India Company. So, those sahibs certainly knew where the opium was going and why. It was simply profitable, including for them. That's why there's such hostility from China. Or do you believe in coincidences? Tell me another story about Tibet, haha, right.

[SAG]

For some reason, the sepoy rebellions happened among the slaves when their economic situation was being stepped on, but here the slaves were happy with everything?

What kind of economy do tribes have... Well, don't make a fool of yourself in front of everyone, read books, watch history channels, or at the very least, bloggers who make content about this.

The rebellion was sparked by a rumor spreading throughout the army that the cartridges for the new rifles being issued were being greased with lard and cow fat. Both Muslim and Hindu sepoys perceived this as an insult to their religious sensibilities.

Well, if "stepping on the tail" means plundering the country, resulting in its contribution to world trade falling from 20% to 3%, then fine! But that's what they did over the course of two centuries. Did they shoot the rebels, tying their own people to the guns?

That is, all sorts of sahibs were definitely aware of where and why opium was going.

What difference does it make who knows what among the slaves? Slaves don't make decisions, they only follow orders.
P.S.: I won't be doing any more educational programs.

[cradle]

ну куды ж мне до вас- образованных? Я то по темноте своей думал, что у индусов до нагличан было множество государств, а не племена дикие. Вы часом ни чего не слыхали про Великих Моголов? Нет? Я тоже не слышал. Рабы енти очень даже восставали, када им белые сахибы урезали пайку. Но на торговлю опием с Китаем смотрели очень даже благосклонно, хотя уже тогда опий был признан злом, в местах своего распространения. Просто им было это выгодно- так сказать ни чего личного. Я и не просил, не очень грамотного человека, заниматься ликбезом. Не вижу необходимости- сам могу протереть фары.

[SAG]

Хватит перекручивать факты в угоду вашему искаженному мышлению! Никаких межгосударственных документов о наеме сипаев нет и быть не могло! Сипаев нанимали как батраков именно из различных племен! При чем тут Моголы? Вы ещё великих Ариев приплетите на Виманах! Про фаровтирательство вы не по наслышке знаете видимо!

[cradle]

Вы же писали, что не будете больше писать? А что так зацепило в Моголах то? Что индусы имели опыт построения развитого гос-ва до англичан? Так фары значит протёрты? Я удовлетворён! Кстати про сипаев: https://ru.wikipedia.org/wiki/%D0%A1%D0%B8%D0%BF%D0%B0%D0%B8 Там не сказано - как батраков, а сказано на службу. Это разные вещи.

[SAG]

Я писал, что не буду заниматься ликбезом, а не что не буду писать. Вы реально думаете, что перекручивая факты выглядите умнее?
Если вы молитесь на Википедию, с вами в принципе всё понятно... заучивайте наизусть! Полируйте фары свои. Всего вам доброго

[cradle]

Не могу вам ответить про доброго, потому как не особо молюсь на Вики, а факты подгоняете под себе удобные, как раз Вы. Ваши фары не оттираемы- бесполезно.

[tralflot1832]

In January 2026, average deliveries to India were 1,1 million barrels per day. Revenue increased slightly in January, with oil at $6,64 billion and petroleum products at $4,47 billion, for a total of $11,11 billion. About 70% of the budget is not enough, but it will do. The Indians won't go anywhere; they will reduce purchases, but they won't completely abandon them.

[Krasnoyarsk]

Quote: tralflot1832

The Indians won't go anywhere; they will reduce purchases but won't give them up completely.

So who would refuse practically free oil? And we have no choice but to accept their terms.

[tralflot1832]

Free Urals, according to Western agencies. Venezuelan is $45 a barrel. I'm seeing Urals exports have fallen. We have higher-quality grades, and someone's started relying on them. Novorossiysk's oil loadings are down, Baltika's down, Murmansk's up, and the Far East's up. Prices are different in these two ports. It's not critical yet. And it's not the season.

[Krasnoyarsk]

Quote: tralflot1832

Free Urals, according to Western agencies

What about your calculations? What if we apply "market" logic? Donya is threatening sanctions against buyers of Russian oil. What will these buyers do under these circumstances? They'll say, "We need to compensate for potential losses due to sanctions, and we can do that by lowering the price of your oil." Right?

[tralflot1832]

It’s strange that the Americans give us $11,11 billion; this is their figure from the American Energy Agency. I don’t count everything, but based on the figures from the Treasury Department, it turns out to be $7,3 billion.

[ARIONkrsk]

Quote: tralflot1832

It’s strange that the Americans give us $11,11 billion; this is their figure from the American Energy Agency. I don’t count everything, but based on the figures from the Treasury Department, it turns out to be $7,3 billion.

Perhaps the Americans calculated the actual prices, while the Ministry of Finance uses the British AKUS system, which takes prices from Dutch ports, although, of course, we haven't unloaded cargo there for a long time. Putin long ago instructed the Ministry of Finance to calculate its own oil prices for budget purposes, but the Ministry ignored the president's instructions, and the budget is still calculated using undervalued prices, leading to a budget deficit, but in return, it benefits the oil companies: they pay less in taxes, and more goes into offshore accounts.

[cradle]

We'll be keeping you updated. OAS - said one Andrey.

[Eugene 62]

The Indians won't go anywhere; they will reduce purchases but won't refuse completely.

Modi has previously stated that the country's leadership has no right to dictate to private companies where to buy raw materials. If it's profitable to buy from Russia, they'll continue to do so. If Venezuelan oil turns out to be cheaper, they'll buy it. However, India's consumption volumes are so high that a sudden switch won't be possible.

[LeutnantTom]

India, Russia, Iran, the entire Global South do not have to listen to the US, they do not have to listen to the EU!
What are the countries of the Global South afraid of?
People are afraid of the West, which sexually abuses its own children!
Countries of the Global South should not be afraid of the West, which sexually abuses its own children and calls ordinary people subhuman!

Regarding the Epstein scandal, were there any trials or convictions? NO.
Until there are convictions, why talk to the West, why do what it says?

[Patriot is listening]

There's no fear here. India simply wants to trade with rich countries like the US and Europe.

[snow mountain]

Quote: voyaka uh

If we take into account that the cost of producing a barrel, including delivery to tankers,
10-15 dollars, then the profit is small.
But the oil has to be sold somewhere.
There's no place to store it

And at least get some money

[acetophenone]

Quote: voyaka uh

It was mentioned in the press that after the discount, Indians were being sold at $25 per barrel.
If we take into account that the cost of producing a barrel, including delivery to tankers,
10-15 dollars, then the profit is small.
But the oil has to be sold somewhere.
There's not really anywhere to store it.

Oil is stored VERY WELL underground. In its original location. And it doesn't spoil at all. Only on a geological time scale. The problem is, it won't be possible to steal money from Kremlin-aligned beneficiaries...

[voyaka uh]

"In place. And it doesn't spoil at all."
---
But extracting it from there requires considerable effort. And if the process is well-established, everything goes smoothly. If a well is mothballed, resuming production is very expensive. Wells where oil gushes forth spontaneously have long since disappeared. Water has to be injected beneath the formation and forced upward. And this must be a continuous process.
That's why many countries store extracted oil either in empty underground caverns or in giant cisterns. But thousands of cisterns are needed.
It's stored in caves ("salt domes") in the USA. It's stored in tanks in China and India.
There are no such strategic storage facilities in Russia.

[Inevitably]

Also from Lenta.ru, 02/13/2026:

...Amidst the tightening of US sanctions, the only realistic option for Russian oil producers to retain customers in India and China remains substantial discounts. But even this hasn't helped Russia avoid a collapse in crude exports to the former. As of December 2025, Russian oil supplies to India fell sharply in both volume and value.

P.S. Here we must also take into account the negative aspect that, due to the diversification of oil purchases, China is unlikely to switch to the volumes that India is refusing...

[nordscout]

It's difficult to talk about Russian-Indian economic cooperation, especially now and with such gusto. Indian business long ago learned to "bend over" the USSR and, later, the Russian Federation. Regarding the pathos and bombast, let me recall the aphorism of a very intelligent woman – a theater and film actress: "Under any beautiful peacock tail hides an ordinary chicken's ass..." Only time will tell whether our choice and tactics at the time were correct.

[ser-pov]

Yes indeed. Faina Ranevskaya knew how to express her thoughts precisely and concisely.

[rocket757]

Friendship is friendship, but everyone has their own tobacco...

[OSE4Kinsura]

So let them take the Venezuelan one from Trump! It's some kind of holiday, but more expensive!

[Mikhail Nasharashev]

It seems to me that someone is lying here, either the Indians or Trump and Rubio.

[tralflot1832]

Quote: besik

Not Einstein, but Epstein... don't confuse

It's too early, he hasn't earned it yet. I know.

[Normann]

They've gone completely nuts there, give them weapons together, rather, give them the technology, and we'll produce it ourselves

[Eisenfaust]

It should be taken into account that until 2022, Russia was somewhere at the bottom of the list in terms of oil exports to India.
But since then, Russia has been one of the first, if not the first, place.
Of course, it is impossible to conquer the market without discounts.
What do you think is more profitable: selling 5 barrels for 10 or 20 for 5?

[tralflot1832]

Quote: Krasnoyarsk

This can be done by reducing the price of your oil.

Russia isn't the only oil producer. Indians were dancing the same way at the beginning of last year. And they were surprised to learn that URALS could be bought at a higher price from global oil traders, but at a higher price, and they had to pay upfront. The dancing stopped.

[musorg]

It's time to impose restrictions on India, not increase discounts! We need to find new ways to ship our oil. Otherwise, this "friend" of Modi's will force us to set the price based on production costs.

[nikon voron]

What does negativity mean? Will they buy oil or not?