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Indian state refiners pause Russian oil purchases, Reuters reports

  • On August 1, 2025, US President Donald Trump implemented a 25 percent tariff along with an extra charge on imports from India, citing concerns over India's trade relationship with Russia and its high tariff rates.
  • The tariff followed concerns over India’s continued purchase of Russian oil and military equipment, which the US sees as sustaining Russia's war effort in Ukraine.
  • A senior U.S. official acknowledged India as a strategic partner but highlighted that its ongoing imports of Russian oil remain a notable source of tension in their bilateral relationship.
  • Rubio conveyed that the President is openly frustrated because India continues to purchase large quantities of Russian oil despite having numerous other suppliers to choose from.
  • A senior White House official acknowledged that resolving the issues with India will take time, while the tariffs aim to pressure India to reduce reliance on Russian imports.
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Lean Left

According to Bloomberg, at least four tankers loaded with Russian oil are currently waiting in vain off the west coast of India after state-owned refineries there stopped purchasing this commodity from Russia due to concerns about a 100% tariff from the US and less favorable prices.

ReutersReuters
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Exclusive: Indian state refiners pause Russian oil purchases, sources say

Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. President Donald Trump warned against purchasing oil from Moscow, industry sources said.

·United Kingdom
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Lean Left

The US Secretary of State called this a "disturbing factor" in the relationship between the two countries.

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Carbon Copy broke the news in on Thursday, July 31, 2025.
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