Why India Won’t Buy Russian Oil Now And How U.S. Pressure Seems More About Selling American Crude Than Helping Ukraine
With U.S. and Western restrictions tightening, India is pulling its Russian oil purchases down to a three-year low this December. Banks have become cautious, and Indian companies are feeling the heat. Experts say the mounting American tariff pressure is pushing India toward far greater reliance on U.S. crude imports.
Nov 27, 2025, 22:51 PM IST
Trump’s Pressure Works! Russian Crude Oil Imports Decline, Who Is Benefitting?
After the Ukraine war, Russia began selling crude oil to India at discounted rates. India purchased large volumes, making Russia its largest supplier. India ranks as the world’s third-largest crude oil importer.
Oct 07, 2025, 02:47 AM IST
India inks pact with Iran to pay crude bill in rupee
Under US sanctions, India can export foodgrains, medicines and medical devices to Iran.
Dec 06, 2018, 18:05 PM IST
Saudi Aramco opens office in India, eyes higher sales
Aramco India plans to expand its operation by introducing hydrocarbon sector functions, including engineering services, IT operations and security and also R&D centre in the near future.
Oct 08, 2017, 15:18 PM IST