Pakistan, Aug. 2 -- India has decided to keep buying oil from Russia despite U.S. President Trump's threats of penalties. Trump warned of 100% tariffs on countries that import Russian oil unless Russia makes peace with Ukraine. However, Indian officials said they have not changed their policy. They confirmed India will continue Russian oil purchases without any government orders to stop.

According to the New York Times, two senior Indian officials stated that India has not directed oil companies to reduce Russian oil imports. Reuters reported that Indian state refiners paused Russian oil purchases recently due to smaller discounts. Still, this pause is a business decision, not a policy change. Russia remains India's top oil supplier, pro...