Following recent trade negotiations between India and the United States, Indian refineries have begun to gradually reduce their purchases of oil from the Russian Federation, cutting imports by approximately 50%.
This is reported by Finway
Details of Changes in Oil Supply
According to a White House representative, cooperation between the U.S. and India in the trade sector has led to the decision to significantly limit the import of Russian oil. Meanwhile, Indian sources state that the reduction in supply has not yet been reflected in current statistics. It is expected that these changes will become noticeable in the data for December 2025 or January of the following year.
Official Position and Next Steps
Indian refineries have already placed orders for November, some of which include shipments arriving in December. However, there has been no official communication from the Indian government regarding the need to reduce purchases of Russian oil at this time.
“The Indian government has not yet officially notified refineries about a request to cut imports from Russia. The Ministry of Petroleum of India and all Indian refineries purchasing Russian oil did not immediately respond to Reuters’ requests for comment.”
Thus, while the process of reducing imports has already begun, final statistics and official decisions will be known in the coming months. Analysts expect that these changes will impact the structure of India’s energy market and future relations between Delhi, Washington, and Moscow.