Trump has threatened 100% tariff on Russian exports, including oil, alongside equivalent secondary charges for nations importing Russian good. Oil Minister Hardeep Singh Puri is confident that if crude oil imports from Russia face sanctions or secondary tariffs by NATO and the US, India is capable of meeting its energy requirements. Since February 2022, Indian refineries have actively purchased Russian …
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Move away from Russia? India’s crude oil imports from US double in February – The Times of India
The February loading statistics from Russia and US ports will primarily reflect in March’s Indian imports. (AI image) Russian oil exports to India have decreased by approximately 25% in February due to sanctions, while US oil shipments have seen a near 100% increase, aligning with India’s commitment to boost American energy purchases to $25 billion.Data from energy cargo tracker Vortexa …
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