India has opted not to direct its oil refiners to cease purchasing Russian oil, as officials carefully navigate the complexities of energy demands alongside diplomatic relations with the US. While refiners have the flexibility to procure from preferred suppliers,

India has indicated it will defy threats made by US President Donald Trump and continue buying Russian oil. The world's third-largest crude importer - after China and the US - cashed in on cheap Russian oil when its price plummeted after Vladimir Putin's full-scale invasion of Ukraine.

Indian officials confirmed Saturday the country is not altering policy and will continue buying oil from Russia, despite threats of a financial "penalty" from U.S. President Donald Trump.