New Delhi, March 11 -- The United States has formally endorsed India's continued purchase of Russian oil, with US Ambassador to India Sergio Gor stating publicly that Washington not only recognises but supports India's role in maintaining stable global energy prices, a significant diplomatic signal amid the escalating Iran-US conflict that has roiled international oil markets.

In a post on social media, Sergio Gor wrote: "India has been a great partner in maintaining stable oil prices around the world. The United States recognizes ongoing purchases of Russian oil are a part of this effort. India is one of the largest consumers and refiners of oil and it is essential for the United States and India to work hand in hand for market stabilit...