50% US tariffs: Indian refiners look to cut back on Russian crude imports; Trump claims India to stop buying oil from Moscow
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India is reportedly planning to gradually reduce its Russian oil imports, a move influenced by US pressure and tariffs. While refiners await official directives, the government prioritizes stable energy prices and supply security. Discussions are ongoing with the US for enhanced energy cooperation, potentially impacting trade agreements and tariff rates. What's Your Reaction?
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