Trump wants India to stop buying Russian oil, but can it? Why crude imports can at best be reduced - explained
Trump wants India to stop buying Russian oil, but can it? Why crude imports can at best be reduced - explained
Donald Trump claims India will cease Russian oil imports, a move PM Modi reportedly assured. However, India's significant reliance on discounted Russian crude, making up over a third of its supply, presents a complex challenge. Abruptly stopping these purchases is difficult due to existing contracts and economic advantages, potentially impacting global prices.
Donald Trump claims India will cease Russian oil imports, a move PM Modi reportedly assured. However, India's significant reliance on discounted Russian crude, making up over a third of its supply, presents a complex challenge. Abruptly stopping these purchases is difficult due to existing contracts and economic advantages, potentially impacting global prices.