India to limit Russian oil imports under US trade deal
after close1 source ↓written by the desknot a recommendation
- Indian goods
- 25% to 18%
India will restrict crude oil purchases from Russia following an agreement with the US. This move allows refiners like Nayara Energy to continue imports only when alternatives are unavailable. In exchange, the US will reduce tariffs on Indian goods from 25% to 18%, benefiting exporters significantly.
Not investment advice. For informational purposes only.