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India to limit Russian oil imports under US trade deal

4 Feb 2026 · 07:08 ISTpre-market1 source ↓written by the desknot a recommendation

Indian goods: 25% to 18%

India will restrict crude oil purchases from Russia as part of a trade agreement with the US. This includes continued imports by refiners like Nayara Energy that lack alternatives. In exchange, the US will reduce tariffs on Indian goods from 25% to 18%, enhancing trade relations and providing relief to exporters.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 4 Feb 2026, 07:08 IST.

Sourcesnews.google.com

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India to limit Russian oil imports under US trade deal

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