Search
+
    SEARCHED FOR:

    US IMPORTSACCORDING

    Explained: India's Russian oil trade and options before it

    US President Trump claimed India will halt Russian oil buys, but Indian refiners await government clarity. Russia remains India's top oil supplier, offering significant discounts. Abruptly stopping these imports is near impossible, with deliveries contracted months ahead. Refiners face economic and strategic trade-offs if Russian oil becomes inaccessible.

    The Economic Times
    BACK TO TOP