India to Reduce Russian Oil Purchases by 20%: Reason – US Sanctions.
26.08.2025
1231
Journalist
Shostal Oleksandr
26.08.2025
1231
India will reduce its purchases of Russian oil by 20%. The reason is the increase in tariffs on Indian goods by the United States. This is reported by FREEДОМ referencing Bloomberg.
According to FREEДOM: US tariffs will come into effect tomorrow. According to analysts, oil supplies to India from Russia have been declining for at least four consecutive months. If in March Indian refiners were purchasing over 2 million barrels a day, in July it was just over half of that amount.
Also read: Russia seeks to keep India — details (VIDEO)
It is worth noting that Indian Prime Minister Narendra Modi will visit China for the first time in over seven years at the end of August. The visit will take place against the backdrop of rising tensions in relations with the US. Modi is likely to attend the Shanghai Cooperation Organization (SCO) summit, which will start on August 31.
The post India to Reduce Russian Oil Purchases by 20% — Media appeared first on Freedom.
**Summary:**India is reducing its purchases of Russian oil by 20% due to the increase in tariffs on Indian goods by the US. This may affect relations between India and Russia, as well as help strengthen ties between India and China.Read also
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