Tag: Indian oil refiners

US Congressman Claims Indian Refiners Signalling Cut in Russian Oil Imports After Diplomatic Pressure

The claim comes amid heightened trade tensions after the US imposed a 50 percent tariff on Indian imports, including an additional 25 percent duty tied to New Delhi’s Russian crude purchases.

September 3, 2025

Indian Refiners Continue Russian Oil Imports, Citing Economic and Strategic Necessity

India imports nearly 85% of its crude oil, and its engagement with Russian suppliers has helped cushion global oil markets amid OPEC+ production cuts totaling 5.86 mb/d.

August 2, 2025