Trump sanctions: India’s crude imports from Russia at 5-month high - can it continue?

Trump sanctions: India’s crude imports from Russia at 5-month high – can it continue?

Russia has maintained its position as India’s primary supplier in November, providing over one-third of all crude oil imports. (AI image) Donald Trump’s sanctions on Rosneft and Lukoil – two of Russia’s major crude firms – may result in India’s imports of oil from Moscow dropping – but will this shift be permanent? Analysts expect…

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India-US trade deal: MEA shares update after Trump hints at imminent agreement; ‘We continue to remain engaged…’

India-US trade deal: MEA shares update after Trump hints at imminent agreement; ‘We continue to remain engaged…’

US has imposed 50% tariffs on India, 25% of which are reciprocal tariffs while the other 25% is a penalty for India’s crude oil imports from Russia. (AI image) India-US trade deal: India and the US continue to be engaged in discussions for finalizing a trade deal, Randhir Jaiswal, official spokesperson of the Ministry of…

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