US says India halves Russian oil imports, sources say no cuts seen
Summary
The US claims India has halved its Russian oil imports amid trade talks, but Indian sources report no immediate cuts, with imports expected to rise in the near term.
Key Points
- A White House official stated India has halved its Russian oil imports as part of trade discussions.
- Indian sources deny any immediate reduction in Russian oil imports has been mandated or seen.
- India is currently the largest buyer of discounted Russian seaborne oil following Western sanctions.
- Trade talks between the US and India have stalled, with tariffs imposed by the US affecting Indian goods.
