India to Halt Russian Crude Oil Purchases After U.S. Cuts Tariffs to 18%
India has pledged to halt Russian crude oil purchases after the U.S. reduced tariffs on Indian goods to 18%, according to a White House spokesperson, signalling a shift in trade and energy ties.
Prasanth Subramani
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India has reportedly committed to halting its purchases of Russian crude oil following the United States’ decision to reduce tariffs on Indian goods to 18 percent.
The announcement was made by Karoline Leavitt, a spokesperson at the White House, who said the development reflects strengthening trade and diplomatic coordination between India and the United States.
The move is expected to have implications for global energy markets and Russia’s crude exports, as India has been one of the major buyers of Russian oil in recent years. Analysts say the decision could signal a shift in India’s energy procurement strategy amid evolving geopolitical and trade considerations.
