Why India Won’t Buy Russian Oil Now And How U.S. Pressure Seems More About Selling American Crude Than Helping Ukraine
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With U.S. and Western restrictions tightening, India is pulling its Russian oil purchases down to a three-year low this December. Banks have become cautious, and Indian companies are feeling the heat. Experts say the mounting American tariff pressure is pushing India toward far greater reliance on U.S. crude imports.
