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India Unlikely to Ditch Russian Oil Despite Trump’s 100% Tariff Threat

News|2026/09/29 16:01
India Unlikely to Ditch Russian Oil Despite Trump’s 100% Tariff Threat

According to OilPrice.com, New Delhi is not rushing to change its oil-buying policy.

India is unlikely to stop buying Russian oil, according to OilPrice.com, even if Donald Trump follows through on his threat to impose a 100% tariff.

The main takeaway from the report is that New Delhi does not appear ready to sharply revise its purchases of Russian crude.

Trump’s stated threat of a 100% tariff adds a fresh political risk for the market, as it could affect trade flows and energy pricing.

At the same time, the headline suggests that India continues to prioritize its own energy interests and is not moving quickly to abandon Russian supplies.

The issue matters for the oil market because India’s purchasing decisions can influence both the direction of Russian exports and the broader balance in global energy trade.

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