India’s reliance on discounted Russian crude oil faces a turning point as U.S. President Trump imposes tariffs and threatens penalties over trade ties with Moscow. Analysts warn that any forced pivot away from Russian oil could inflate India’s annual crude import bill by $9–11 billion, hit refining margins, and destabilise fuel prices.
Posted from: 0001-01-01 00:00:00Z2025-08-03 05:12:54Z[]this blog via Microsoft Power Automate.
