India pledges to stop buying Russian oil and invest $500 billion in U.S. sectors under a new trade agreement.

Tariffs will drop from 50% to 18% on Indian goods, while India has agreed to stop buying Russian oil.

Donald Trump announced on February 2 that New Delhi had agreed to halt its purchases of Russian oil, a move not yet confirmed by Prime Minister Narendra Modi.

US president says deal reached with India after Modi agreed to stop buying Russian oil. But details are scarce.

NEW DELHI: The US and India have announced reaching a trade agreement after months of friction, with President Donald Trump saying that Prime Minister Narendra Modi had “agreed”…

India pledges to stop buying Russian oil and invest $500 billion in U.S. sectors under a new trade agreement.

Analysts are skeptical that India will stop buying Russian oil completely.

Kremlin states India can freely diversify oil suppliers, emphasizing ongoing benefits of Russian crude despite U.S. pressure.

India prioritizes energy security for 1.4 billion people, emphasizing diversification in response to international dynamics, says MEA.