09 Feb 2026 | 3 Mins Read
India-US trade deal excludes Russian oil imports
Flipitmoney
US removes 25% tariff on Indian exports, citing scaling down of India's oil imports from Russia. India's oil imports from the US increased 31% to $569.3 million in December. India's Ministry of External Affairs reassures openness to exploring new crude supply options, including from Venezuela, as part of its energy diversity strategy.