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The US Treasury has given companies until November 21 to wind down transactions with the Russian oil producers.
This marks the fourth time Trump has commented on the matter in six days.
His statements came after he once again claimed that Prime Minister Narendra Modi reassured him that India would stop buying Russian oil.
The rise comes as refineries were back on full stream to meet the demand during festive seasons, according to ship tracking data.
The Russian ambassador described Russia as India's "most reliable energy partner", suggesting potential to enhance the overall ties.
Trump has recently targeted India for its Russian oil purchases, imposing tariffs on Indian exports to the US to discourage the country's crude buying.
Prices of commercial cylinders have seen frequent adjustments this year.
Trump acknowledged uncertainty but viewed it as a positive step, highlighting the complex interplay of energy, trade, and geopolitical relations.
The jump followed a report by CNN on Tuesday, citing multiple US officials, which said that newly obtained intelligence suggests Israel is making preparations to attack Iranian nuclear sites.
Tranzmeo’s confidence lies in the fact that it is the sole player in the sector in the country. It also claims that its cutting-edge technology is hard to emulate.
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