New Delhi, July 15 -- A recent threat by US President Donald Trump to impose financial penalties on Russia over the Ukarinae war has cast a spotlight on the two biggest buyers of Moscow's crude oil - India and China.

Trump announced new weapons for Ukraine and threatened to slap new sanctions on buyers of Russian exports unless Moscow agrees to a peace deal in 50 days.

While the markets have so far remained sceptical of disruption, the remarks signal potential disruption to global oil supply.

India has emerged as a major importer of Russian oil since the invasion of Ukraine in early 2022, Bloomberg reported.

Prior to the conflict, less than 1 per cent of India's oil purchases came from Russia. However, this figure has skyrocketed to o...