Trump’s 50% tariffs: Indian refiners may trim Russian crude purchases; but India signals no plans to stop Russia oil trade

Aug 26, 2025 - 17:00
Trump’s 50% tariffs: Indian refiners may trim Russian crude purchases; but India signals no plans to stop Russia oil trade

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Indian refiners plan to slightly decrease Russian crude oil imports in the coming weeks. While maintaining energy ties with Moscow, projected purchases will fall from 1.8 million barrels per day to between 1.4 and 1.6 million. The US has criticized India's increased reliance on Russian oil.

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