India Denies Cutting Russian Oil Imports
India has not requested refiners to reduce imports of Russian crude oil, contrary to US claims.
Indian industry sources stated that no cuts have been seen for November loadings, despite US assertions that India is halving its purchases.
The US claimed refiners had started to reduce Russian supply, with a White House official stating that Indian refiners are already halving crude oil imports from Russia.
However, Indian sources deny this, with no evidence of reduced imports for November.
- US-Indian talks in Washington were productive, but India's stance on Russian oil imports remains unchanged.
- President Donald Trump previously stated that India had agreed to cut imports of Russian crude oil, which India now denies.
Author's summary: India rejects US claims of halving Russian oil imports.