India, Feb. 6 -- There are no immediate indications of India taking Russian energy purchases to zero despite a recent reduction in the volume of Russian oil inflows in the face of renewed Western sanctions and pressure, and both sides have established mechanisms to deal with such matters, people familiar with the matter said.

Speculation about India cutting down on Russian oil purchases, which accounted for 35% to 40% of oil imports last year, has grown since President Donald Trump, while announcing a trade deal on Monday whereby US tariffs on Indian goods will be cut to 18%, said that the Indian side had "agreed to stop buying Russian oil".

People familiar with the thinking in Moscow said on condition of anonymity that since India step...