Tri-Cities India > Blog > Sports > Trump wants India to stop buying Russian oil — but can it? Why crude imports can at best be reduced
Trump wants India to stop buying Russian oil — but can it? Why crude imports can at best be reduced
Donald Trump claims India will cease Russian oil imports, a move PM Modi reportedly assured. However, India’s significant reliance on discounted Russian crude, making up over a third of its supply, presents a complex challenge. Abruptly stopping these purchases is difficult due to existing contracts and economic advantages, potentially impacting global prices. Donald Trump claims India will cease Russian oil imports, a move PM Modi reportedly assured. However, India’s significant reliance on discounted Russian crude, making up over a third of its supply, presents a complex challenge. Abruptly stopping these purchases is difficult due to existing contracts and economic advantages, potentially impacting global prices.
Search
Recent
- IND vs AUS: Virat Kohli and Rohit Sharma flop; Australia take 1st ODI
- RJD-Cong stalemate in Bihar, setback in J’khand – is this end of road for INDIA bloc?
- Robbery in Louvre: How thieves made off with Napolean-era jewels in daring 7-min heist
- BJP intensifies search for new party president for Haryana
- Scientists hope underwater fiber-optic cables can help save endangered orcas