New Delhi, Aug. 8 -- Despite the massive US tariffs on Indian goods, Indian companies' trade with Russian oil conglomerates remains very strong, though there has been a slight fall in volume, reports Russian state-media TASS.
"Oil companies still purchase Russian oil. Volumes may have declined, though (purchases) have not stopped.
"All companies support a commercially advantageous deal, we continue to purchase Russian oil or any other that is cheaper," a TASS source noted.
The agency source noted that the fluctuations in volume are part of a routine practice in bilateral oil trade, as purchases differ month to month based on demand, supply conditions, oil quality, logistics etc.
"However, the Indian government has made it clear th...