India is winding down Russian oil buys, ramping up US energy imports, US trade representative says - Telegraph India - News Summed Up

India is winding down Russian oil buys, ramping up US energy imports, US trade representative says - Telegraph India


India has already started “winding down” its purchases of Russian oil, and New Delhi is “ramping back up” buying energy from America and other sources, United States Trade Representative (USTR) Jamieson Greer said on Tuesday. ADVERTISEMENTTrump also agreed to remove the punitive 25 per cent tariff on imports from India in “recognition of India’s commitment to stop purchasing” Russian oil. While responding to a question in an interview with Fox Business, whether India is really going to shift away from buying Russian oil, Greer said: “The short answer is yes. They've already started winding down their purchases of Russian energy products. They've started ramping back up purchases of American energy and energy from other sources.” Greer said the US has talked to India about oil purchases from Venezuela and added that before the 2022 Russian invasion of Ukraine, “the Indians did not really procure Russian oil.


Source: The Telegraph February 10, 2026 18:30 UTC



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