According to trade data shared with Reuters, India is the biggest buyer of seaborne crude from Russia, importing about 1.75 million barrels per day from January to June this year, up 1 per cent from one year ago. In total, it imported Russian oil worth about £38bn in the financial year ending March 2025.

We start with the deteriorating US-India relationship, as Donald Trump yesterday announced an additional 25 per cent tariff on imports from India owing to New Delhi’s purchases of Russian oil India’s Russian oil conundrum: After years of his country bingeing on cheap Russian crude,

U.S. President Donald Trump on Wednesday imposed an additional 25% tariff on Indian goods, citing New Delhi's continued imports of Russian oil in a move that sharply escalated tensions between the two nations after trade talks reached a deadlock.