Will Russian oil be economically viable for India if Trump tariffs return?
Russia became an unusually attractive supplier when Western buyers retreated after the war with Ukraine. Its share of Indian crude imports, below 2% before the war, expanded rapidly as discounts compensated refiners for longer supply chains. In the present day, the situation has become more complex, the new US law potentially changes the economics of India’s Russian oil purchases.
We haven't written up this one. Times of India has the full story — the link below goes straight to it.
