It’s a huge question hanging over the India-US trade deal, and even seasoned energy analysts say they have no clue. Will India be forced to stop its huge purchases of Russian crude oil, or will it find a way to keep the tap partially open? Ritolia speculates that India may continue to buy Russian crude until the deal is actually signed. The US says that it will reimpose higher tariffs if it discovers that India is still buying Russian crude. Indian refineries process large volumes of Russian crude and export the refined fuels to Europe and even to the United States.

Source: The Telegraph February 07, 2026 14:29 UTC