Indian Refineries Skips Russian Oil For US Trade Deal
India’s refineries and trading sources said they are avoiding Russian crude oil purchases and have decided to stay away from such trades for the long term to help New Delhi secure a trade deal with the US. India and the US announce a framework for a deal, with finalisation expected by March, to reduce tariffs…
ABHYUDAYA MITTAL
India-US Trade Pact, Russian Oil and Kremlin Reaction
India’s recently announced trade agreement with the United States has sparked international attention, particularly around its implications for India’s Russian oil imports and broader geopolitical ties. U.S. President Donald Trump said the pact would cut U.S. tariffs on Indian goods to 18% and include conditions under which India would halve or sharply reduce purchases of…
Sumit
Donald Trump’s New Warning Over Russian Oil Purchase
United States President Donald Trump says that Washington could raise duties on New Delhi, giving a fresh warning to India, directly linking the threat to the ongoing Russia-Ukraine war. He quoted, “We could raise tariffs on India if they don”t have help on Russian oil issue”. Donald Trump added, “They wanted to make me happy,…
Finance Minister Said India Will Keep Buying Russian Oil
India’s Finance Minister Nirmala Sitharaman said on Friday, September 5, that India will continue to purchase Russian crude oil, despite President Trump’s decision to charge hefty tariffs on Indian goods, partially because of its energy purchases from Moscow. India took advantage of a concession on Russian crude oil output after Europe and the US shunned…
