Aug 18 (Reuters) - White House trade adviser Peter
Navarro said India's purchases of Russian crude were funding
Moscow's war in Ukraine and had to stop.
New Delhi was "now cozying up to both Russia and China,"
Navarro wrote in an opinion piece published in the Financial
Times on Monday.
"If India wants to be treated as a strategic partner of
the U.S., it needs to start acting like one."
India's Foreign Ministry has previously said the country is
being unfairly singled out for buying Russian oil while the
United States and European Union continue to purchase goods from
Russia.
U.S. President Donald Trump announced an additional 25%
tariff on Indian goods earlier this month, citing New Delhi's
continued purchases of Russian oil. The move will take total
tariffs on imports from India to 50%.
"India acts as a global clearinghouse for Russian oil,
converting embargoed crude into high-value exports while giving
Moscow the dollars it needs," Navarro wrote.
The adviser also said India's close ties with Russia and
China made it risky to transfer cutting-edge U.S. military
capabilities to India.
Separately, Indian Oil Corp, the country's top
refiner, will continue to buy Russian oil depending on
economics, the company's head of finance Anuj Jain told an
analyst meeting on Monday.
Jain said his company's Russian oil processing in the
June quarter was about 24% compared to an average 22% in
2024/25.
He said purchases for the September quarter were
continuing and the discounts on Russian oil were in the range of
$1.50 per barrel to the Dubai benchmark.
Longtime rivals China and India are quietly and
cautiously strengthening ties against the backdrop of Trump's
unpredictable approach to both.
Indian Prime Minister Narendra Modi is set to meet Chinese
President Xi Jinping at the end of the month while Chinese
Foreign Minister Wang Yi will visit India from Monday for talks
on the disputed border between the two countries.
A planned visit by U.S. trade negotiators to New Delhi from
August 25-29 has been called off, a source said over the
weekend, delaying talks on a proposed trade agreement and
dashing hopes of relief from additional U.S. tariffs on Indian
goods from August 27.