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Investing.com -- The Kremlin stated on Thursday that Moscow relies on official public statements from New Delhi and Beijing regarding oil purchases, following U.S. President Donald Trump’s claim that India and China would stop buying Russian oil.
Kremlin spokesman Dmitry Peskov made the statement after Trump said Indian Prime Minister Narendra Modi had pledged that India would stop purchasing Russian oil.
Neither India nor China have publicly confirmed Trump’s assertion about their plans to halt Russian oil imports.
Oil prices increased by approximately 1% on Thursday in response to Trump’s comments about India potentially ending its Russian oil purchases, a development that could potentially reduce supply in other markets.
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