India is the world’s third-largest consumer of crude oil and depends on imports to meet around 88 per cent of its requirement of the commodity.

Pakistan's Prime Minister Shehbaz Sharif took to social media on Thursday to thank Trump over the "historic" trade agreement and expressed hope that it would expand cooperation between the two sides.

US President Donald Trump on Saturday claimed that he had "heard" reports of India halting Russian oil imports, hailing it as a "good step". The ministry of external affairs had, however, made it clear that the country's energy purchases were driven by market forces and national interests,