SaralnamaIndian refiners may reduce Russian oil imports. Reliance will adjust purchases according to government guidelines. State companies are checking shipments. Trump claims PM Modi agreed to stop buying Russian crude. US sanctions on Rosneft and Lukoil. India bought $140 billion of discounted Russian oil since 2022. Reduced Russian imports could increase fuel prices. Timeline: Today: India considering reducing Russian oil imports. From: US sanctions on Russian oil companies take effect. Until: Trump claims India will stop Russian oil purchases. Next: Possible trade deal between India and US, with potential tariff reductions. (Updated 23 Oct 2025, 20:53 IST; source: link)
Key Points
- Indian refiners may reduce Russian oil imports
- Reliance will adjust purchases according to government guidelines
- State companies are checking shipments