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The Times of India

National / The Times of India

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Will Russian oil be economically viable for India if Trump tariffs return?

Russia became an unusually attractive supplier when Western buyers retreated after the war with Ukraine. Its share of Indian crude imports, below 2% before the war, expanded rapidly as discounts compensated refiners for longer supply chains. In the present day, the situation has become more complex, the new US law potentially changes the economics of Indias Russian oil purchases.

2 Oct 2026 3:55 pm