Middle East Oil

India Halts Russian Oil Imports Amid U.S. Tariff Threats

India Halts Russian Oil Imports Amid U.S. Tariff Threats

India, the world’s third-largest oil importer. Now India halts Russian oil purchase by its state-owned refineries due to shrinking discounts and U.S. President Donald Trump’s recent warnings. The decision, affecting major refiners like Indian Oil Corp, Hindustan Petroleum Corp, Bharat
Friday, October 24, 2025