India Not Halting Russian Oil Imports Abruptly, Despite Trump's Claims

• Donald Trump claimed a US-India trade deal includes India ending Russian oil purchases and lowering tariffs on Indian exports.
• Indian government and PM Modi have not publicly confirmed an agreement to immediately halt Russian oil imports.
• Indian refiners state they have received no instructions to cease Russian crude purchases; existing contracts are in place until March 2026.
• India became the largest buyer of Russian seaborne crude after the Ukraine war due to discounted prices, but imports have recently declined.
• An abrupt halt is unrealistic due to existing contracts, refinery constraints, and Indian investments in Russia's energy sector.

Why It Matters: India is gradually recalibrating Russian oil imports, not abruptly halting them, despite Trump's assertions.