Why India will continue Russian oil imports despite Trump’s tariffs

India’s import of Russian oil remains steady, and oil major IOC has no plans to halt this, said CEO AS Sahney. He added that the government has not asked OMCs to cut or boost purchase despite US President Donald Trump’s hiked tariffs, and their decisions are purely guided by economic considerations.

​India’s import of Russian oil remains steady, and oil major IOC has no plans to halt this, said CEO AS Sahney. He added that the government has not asked OMCs to cut or boost purchase despite US President Donald Trump’s hiked tariffs, and their decisions are purely guided by economic considerations.