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- India’s US Crude Oil Imports SURGE 51% After Trump’s Return: Energy Ties Reach New Heights
New Delhi2 minutes ago
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India has been increasing oil from America since Trump became President in January.
After Trump’s tariff announcement in April, India has doubled the purchase of crude oil from the US. In the April-June quarter, the purchase of crude oil from the US has increased by 114% on an annual basis.
In 2024, between April and June, India bought oil worth about 15 thousand crores from the US. In the same period of 2025, this figure doubled to 32 thousand crore rupees.
News agency ANI has given this information in its report quoting sources.
Trump announced a tariff on India on 2 April. However, it was later extended for 90 days.
Increased oil bought after Trump became President in January
- India bought 2.71 lakh barrels of crude oil every day between January to June 2025 from the US. In 2024, between January and June, the figure was 1.8 lakh barrels per day. That is, it has increased by 51%.
- Only 23% more crude oil came from the US than in June 2025 in July 2025. The US stake in India’s total oil imports also increased from 3% to 8%.
Penalty imposed on oil purchase from India’s Russia
On July 30, Trump announced a 25% tariff on India, saying that India always buys most of its military things from Russia and is Russia’s biggest oil buyer. All this is happening when everyone wants Russia to stop killing people in Ukraine. This is not all right. Therefore, India will have to pay 25% tariff from August 1 and a penalty on trade from Russia.
India currently imports about 40% of its needs from Russia from Russia. According to reports, India currently buys 1.15 million barrels of crude oil every day from Russia every day.
Claim in reports- India stops buying oil from Russia
Reuters’ reports claimed that India almost stopped buying oil from Russia due to American pressure and increase in prices. After this, the Indian Ministry of External Affairs held a press conference on Friday evening. However, it was not clarified in how much truth is there in this claim.
Reuters said in their report on July 30 that Indian oil companies such as Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum have stopped the purchase of oil from Russia, as the discounts are decreasing and there are problems in shipping.
It was also said that crude oil has not been demanded from Russia in the last one week. Indian refineries are buying less Russian crude oil, as the discount from there has become the lowest since 2022.
Trump said on reports- India will stop buying oil from Russia
US President Trump said on Friday that there are reports that India will not buy oil from Russia for long. However, he said that he was not aware of the correct of these reports. But if this happens then it will be a good thing. Let’s see what happens.
Trump spoke to the media while leaving the White House on Friday.
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Read this news too …
India said-American pressure is not to stop buying Russian oil: We take decisions according to what is present in the market.
The Indian Ministry of External Affairs has dismissed reports that India have stopped buying oil from Russia under US pressure.
Foreign Ministry spokesman Randhir Jaiswal said in a press briefing on Friday- India takes decisions accordingly and the situation in the world. Read full news here …
