India Seeks Weekly Oil Import Data Amid US Trade Talks
20 hours agoBusiness
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5 SourcesWashington (state), United States
TBNthebalanced.news
India Seeks Weekly Oil Import Data Amid US Trade Talks

India's oil ministry is requesting weekly import data on Russian and US crude oil from refiners, a move seen as linked to ongoing trade deal negotiations with Washington. This comes as India, a major buyer of discounted Russian oil since the Ukraine war, faces Western pressure and US trade tariffs. The government aims to provide verified figures to the US, potentially influencing Russian crude imports to fall below one million barrels per day.

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