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India risks Trump’s tariffs as oil refiners may still buy Russian
Both state-run and private refiners in India are allowed to buy from their preferred sources, and crude purchases remain a commercial decision.
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cnbc.com
Indian state refiners pause Russian oil purchases, Reuters reports
This comes as discounts narrowed in July and U.S. President Donald Trump warned countries not to purchase oil from Moscow, industry sources said.
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nytimes.com
India Will Buy Russian Oil Despite Trump’s Threats, Officials Say
President Trump said last week that he would punish India if it did not cut off Russian oil imports, but he did not specify what the penalty might be.
