SITUATION REPORT

U.S., India: India To Slightly Scale Back Russian Oil Imports Ahead of Rising U.S. Tariffs

Aug 26, 2025 | 20:24 GMT

Indian refiners, including Reliance Industries and other state-run and private companies, plan to scale back Russian crude imports to around 1.4 million-1.6 million barrels per day from October, down from the roughly 1.8 million bpd daily average seen in the first half of the year, Bloomberg reported on Aug. 26....

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