EnergyInternational Business and Trade

Indian Refiners Reduce Russian Oil Imports Following Trump-Modi Exchange

Indian refiners are reportedly reducing Russian oil imports following President Trump’s comments about Prime Minister Modi’s commitment. Multiple industry sources indicate short-term reductions as companies await official guidance from New Delhi.

Indian Oil Industry Responds to Political Developments

Indian refiners are reportedly scaling back Russian crude oil purchases following comments from President Donald Trump about Prime Minister Narendra Modi’s commitments, according to industry sources. Multiple executives from state-owned refining companies indicated they were taken by surprise by the political developments and are awaiting official guidance from the Indian government.