India, Feb. 18 -- Russia's Foreign Ministry on Wednesday dismissed suggestions that India may scale back its purchases of Russian oil, saying Moscow sees no indication of a shift in New Delhi's position and describing the trade as mutually beneficial and stabilising for global energy markets.

The remarks came against the backdrop of Washington's claim that New Delhi has agreed to stop importing Russian crude.

"We have no reason to believe that India has changed its position on buying Russian hydrocarbons. India's purchase of Russian hydrocarbons benefits both countries and helps maintain stability in the international energy market," Foreign Ministry spokesperson Maria Zakharova said at her weekly briefing, PTI reported.

"There is noth...