India’s state-owned refiners trimmed down purchases of Russian oil by more than 45% between June and September this year, according to data from real-time maritime and analytics provider Kpler. Speaking to The Hindu , Naveen Das, Senior Crude Oil Analyst at Kpler said state-owned refiners took 600 thousand barrels/day (kb/d) of oil from Russia in September, a “fairly substantial” cut from 1.1 million barrels/day they took in June this year.

The trimming down of Russian oil imports fall against a larger geopolitical setting centred around U.S. President Donald Trump imposing 50% tariff on imports from India this August. This included a 25% penalty for buying Russian oil. Washington has been adamant that New Delhi halt their crude purchases from Moscow as a precondition to negotiate a f

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