In US trade deal push, Indian refiners cut back on Russian oil
Published on: Feb. 8, 2026, 10:37 a.m. | Source: The Economic Times
Indian refiners are halting purchases of Russian oil for April. This move could help India finalize a trade deal with the United States. Major refiners are not accepting offers for Russian crude. This shift aligns with a commitment to stop importing Russian oil. India is diversifying its energy sources. This strategy ensures energy security for the nation.
