Why India will continue Russian oil imports despite Trump’s tariffs
India, on August 14, told journalists, the country’s largest oil marketing company (OMC) President Sahney’nin said in a statement, Indian President Donald Trump’s raised tariff rates are planning to continue to receive Russian oil.
“No pause. We continue to buy only based on economic thoughts, that is, the pricing and features of crude oil, make sense in our processing plan. We buy a special effort to increase or reduce it (import volumes).
He said that India’s intention to continue to buy Russian oil remained unchanged.
“No sanctions, work as always,” says the stage
Further questioned, Sahin said that the purchase of Russian oil was never sanctioned and that India’s purchasing decision was due to economic issues. “Unless the sanctions are implemented, such purchases will continue.
Donald Trump’ı to appease the United States to increase the purchases of the refineries’ speech about the speech, “We are not told to buy more, nor do we buy less than us.
Russian oil purchasing economy
Since 2022, the US and most European countries have occupied Ukraine, after applying economic sanctions to Moscow, Indian has become the largest buyer of Russian oil.
Stage, the purchase volume can be fluctuated monthly according to the discounts presented in Russian raw notes such as Urral; and emphasized that Indian oil is not directed to interrupt or increase purchases in response to US tariffs.
In particular, previous discounts were as high as $ 40/barrel, but the gap was narrowed to $ 2.70/barrel as of August. In his call for an investor, Vetsa Ramakrishna Gupta, the Director of Bharat Petroleum Corporation (BPCL) (BPCL), stated that in July, discounts were narrowed for only $ 1.5 as of July 2025 and this caused a low purchase decrease.
How much crude oil does India import?
Before February 2022, Russian crude oil made up less than 1 percent of India’s total oil imports; However, after the sanctions by the Western nations, India had this opportunity and significantly increased its purchases to meet the internal energy requirements.
Currently, Russian crude oil meets 30 percent of India’s needs. In fact, according to a PTI report, imports from Russia formed 22-23 percent of the IOC refineries during the April-June period.
For BPCL, GUPTA added that it constitutes 34 percent of the raw purchase of Russian oil in the 1st quarter and hopes to return to 30-35 percent unless the company is sanctioned.
