[Source: Reuters]

U.S. President Donald Trump said on Wednesday that Indian Prime Minister Narendra Modi has pledged to stop buying oil from Russia, and Trump said he would next try to get China to do the same as Washington intensifies efforts to cut off Moscow’s energy revenues.

India and China are the two top buyers of Russian seaborne crude exports, taking advantage of the discounted prices Russia has been forced to accept after European buyers shunned purchases and the U.S. and the European Union imposed sanctions on Moscow for its invasion of Ukraine in February 2022.

Trump has recently targeted India for its Russian oil purchases, imposing tariffs on Indian exports to the U.S. to discourage the country’s crude buying as he seeks pressure Moscow to negotiate a peace deal in Ukraine.

“So I was not happy that India was buying oil, and he (Modi)assured me today that they will not be buying oil from Russia,” Trump told reporters during a White House event.

“That’s a big step. Now we’re going to get China to do the same thing.”

The Indian embassy in Washington did not immediately respond to emailed questions about whether Modi had made such a commitment to Trump.

Later on Wednesday, U.S. Treasury Secretary Scott Bessent said he told Japanese Finance Minister Katsunobu Kato at a meeting in Washington that the Trump administration expects Japan to stop importing Russian energy.

“Minister Kato and I also discussed important issues pertaining to the U.S.-Japan economic relationship and the Administration’s expectation that Japan stop importing Russian energy,” Bessent said on X.

The Japanese government did not immediately respond to a request for comment.

Russia is India’s top oil supplier. Moscow exported 1.62 million barrels per day to India in September, roughly one third of the country’s oil imports.

For months, Modi resisted U.S. pressure, with Indian officials defending the purchases as vital to national energy security.

While imports from other producers would likely cost India more, lower oil prices would temper the impact. Benchmark Brent crude futures hit a five-month low on Wednesday on concerns about a growing surplus in the market.

A move by India to stop imports would signal a major shift by one of Moscow’s top energy customers and could reshape the calculus for other nations still importing Russian crude.

Trump wants to leverage bilateral relationships to enforce economic isolation on Russia, rather than relying solely on multilateral sanctions.

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