These refiners, however, had already scheduled some deliveries of Russian oil in March, refining sources said. Although a U.S.-India statement on the trade framework did not mention Russian oil, President Donald Trump rescinded his 25% tariffs on Indian goods, imposed over Russian oil purchases, because, he said, New Delhi had "committed to stop directly or indirectly" importing Russian oil. India's Russian-oil imports a fraction of 2025 levelsOne regular Indian buyer is Russia-backed private refiner Nayara, which relies solely on Russian oil for its 400,000-barrel-per-day refinery. Indian refiners may change their plan and place orders for Russian oil only if advised by the government, sources said. Indian refiners have been buying more oil from Middle Eastern, African and South American countries as they scale back Russian oil purchases.

Source: The Telegraph February 09, 2026 05:15 UTC