मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Bigger discounts lure India to buy more Russian oil. Trump's 50% tariff gambit backfires
The Island
|September 04, 2025
United States President Donald Trump’s bid to choke off India’s oil trade with Russia through punishing tariffs is backfiring. Far from backing down, New Delhi is poised to buy even more Russian crude as Moscow dangles steeper discounts.
Russian Urals crude is now being offered to India at $3 to $4 a barrel below Brent for shipments in late September and October, Bloomberg reported. Just weeks ago, the gap was $2.50; in July, barely $1.
According to the Bloomberg report, state-run and private refiners in India snapped up 11.4 million barrels of Russian oil between August 27 and September 1.
"Indian refiners have continued to take Russian oil, despite a brief pause in early August, and cheaper Urals are likely to attract strong buying interest,” the report said.
Trade insiders told Reuters that Indian refiners plan to boost Russian oil purchases in September by 10 per cent to 20 per cent from August, or about 150,000 to 300,000 barrels a day,
यह कहानी The Island के September 04, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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