Archive · 8 Dec 2025

India's Oil Imports Amid Global Shifts

India's Oil Imports Amid Global Shifts

India has been buying a lot of oil from Russia, especially since the war in Ukraine started.

This is because Russian oil is cheaper due to price caps set by other countries.

The US has increased tariffs on Indian goods because of this.

However, Russia says India is free to buy oil from wherever it finds beneficial.

India's government says it buys oil based on what's best for its people and businesses.

Russia has promised to keep supplying oil to India without any interruptions.

India is also working on strengthening its economic partnership with Russia through more investments and trade deals.

Sources