Last week, media reported that India would adhere to the price cap on Russian oil of $60 per barrel.
"We have certain decisions taken in this regard, decisions taken by the Russian President and registered in relevant documents. We will proceed based on them, in addition, of course, in this case we are not guided by the reports of news agencies, but first of all, by our contacts with our counter-parties in India," Peskov told a briefing.
For the first time, Russia entered the top five of India's largest trading partners, with trade between the countries for the incomplete 2022-2023 financial year reaching almost $40 billion, according to data from the Indian Commerce Ministry, seen by Sputnik on Saturday.
Experts have opined that New Delhi was unlikely to yield to US attempts to undermine its ties with Russia, mostly because cooperation with Moscow is profitable for the country.