Politics10/16/2025β€’Bloomberg

India Refiners to Trim Russia Oil Buying as Trump Sows Confusion

India Refiners to Trim Russia Oil Buying as Trump Sows Confusion

India's oil refiners have indicated they will decrease, but not completely halt, their purchases of Russian crude oil. This comes after former U.S. President Donald Trump claimed that India would stop all oil imports from Russia, causing confusion. The refiners are awaiting further clarification from the Indian government on the matter. They have not made any definitive decisions to completely stop buying Russian oil, as Trump had suggested. The reduction in purchases is likely due to a combination of factors, including international pressure, logistical challenges, and the need to balance India's energy security with its diplomatic relations. However, the refiners have emphasized that they will continue to make decisions based on their own best interests and the guidance provided by the Indian government.

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