Despite threats from US President Donald Trump regarding penalties, India will persist in its oil imports from Russia.

India may face a $9–11 billion spike in oil import costs if US penalties force it to cut Russian crude. With EU sanctions also tightening, refiners like Reliance and Nayara could lose margins, ...

This is, however, now under threat after US President Donald Trump announced a 25 per cent tariff on Indian goods plus an ...

India faces a potential increase of $9-11 billion in its annual oil import costs due to US-imposed tariffs and European sanctions. This threatens India's reliance on discounted Russian crude, which ...

New Delhi: India will keep purchasing oil from Russia despite US President Donald Trump’s threats of penalties, two Indian government sources said, not wishing to be identified due to the sensitivity ...

In February 2021, India's crude oil import strategy underwent a significant shift as the country began substantially ...

India continues to purchase oil from Russia despite Trump's threats, with refiners pulling back due to shrinking discounts.

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Trump Tariff News Live: New Tariff Deadline is August 7 ...

Trump threatened 100% tariffs on countries that buy Russian oil unless Moscow reaches a major peace deal with Ukraine. Russia ...