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via economictimes.indiatimes.comPolitics

No pressure from US to cut Russian oil imports, Puri says

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Oil Minister Hardeep Singh Puri said India has faced no US pressure to reduce Russian crude imports. US President Donald Trump waived fresh sanctions and duties on Russian energy exports under a new law, sparing India from potential tariffs of up to 100%.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA US waiver on Russian energy sanctions can affect oil flows and crude prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Oil Minister Hardeep Singh Puri says India faces no US pressure to cut Russian crude.
  2. 02Trump waived fresh sanctions and duties on Russian energy exports under a new law.
  3. 03The move spares India from potential tariffs of up to 100%.

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