The New York Times on Saturday quoted two unnamed senior Indian officials as saying there had been no change in Indian government policy, with one official saying the government had "not given any direction to oil companies" to cut back imports from Russia.

Trump threatened 100% tariffs on countries that buy Russian oil unless Moscow reaches a major peace deal with Ukraine. Russia is the top supplier to India.

The strategy of snapping up cheap Russian oil, refining it, and exporting petroleum products — even to nations sanctioning Russian crude — has delivered record profits for Indian refiners.