Trump’s 50% tariffs: Indian refiners may trim Russian crude purchases; but India signals no plans to stop Russia oil trade
Tuesday, 26 August 2025 () 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.
Russian President Vladimir Putin is set to visit China for the high-stakes SCO Summit, marking his longest foreign trip since 2014. The summit highlights Moscow and Beijing’s growing partnership amid rising global tensions and U.S. tariff disputes. With trade between the two powers hitting $245...
A German daily, Frankfurter Allgemeine Zeitung (FAZ), has claimed that Donald Trump tried calling PM Narendra Modi four times after imposing a 50% tariff on Indian goods—yet Modi never picked up. The..
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Since early 2022, India's Russian oil purchases have reached ₹132 billion, constituting 20% of Russia's oil export earnings. While China leads in overall... IndiaTimes
Indian refiners are cautiously delaying September Russian oil orders, awaiting clarity on Trump's proposed 25% penalty linked to oil purchases. Officials fear a... IndiaTimes
Russia is now offering India a 5% discount on crude oil purchases. Russia has called it a 'commercial secret' between two nations. Why did US imposed 50% tariffs... DNA