Easing trade tensions with Trump: India’s crude imports from US surge to highest since 2022; diversification away from Russian oil?

India has significantly increased its crude oil imports from the US, reaching 540,000 barrels per day in October. This move aims to diversify oil sources beyond Russia and address trade concerns with the Trump administration, while also navigating new sanctions on Russian oil giants.

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Easing trade tensions with Trump: India’s crude imports from US surge to highest since 2022; diversification away from Russian oil?

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