Highlights:

India signs its first major structured LPG import deal with the U.S., covering nearly 10% of annual demand.

The move aims to reduce India’s large trade surplus with Washington and diversify energy sources.

US–India trade tensions escalated after reciprocal tariffs of up to 50 per cent earlier this year.

India’s imports of US crude hit their highest level since 2021, even as Russian oil remains significant.

Analysts disagree on the economic impact, with potential tariff relief weighed against a rising import bill.

India is deepening its energy trade with the United States in an effort to rebalance bilateral trade and reduce tensions triggered by recent tariff escalations. The shift marks a strategic recalibration of New Delhi’s energy sourcing as it seeks to diversify impo

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