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US President Donald Trump on Wednesday put further pressure on India, stuffing up to 50%, but urges India to stop the purchase of Russian oil immediately, which could lead to a combination of global raw prices, CNBC reports.
Trump accused India of “nourishing” the Russian military machine and said the country is “Directly or indirectly imports the oil of the Russian Federation‘As a result, the US has imposed An additional 25% tariff In India, attracting common US trading partner up to 50%.
India once had been cheer To buy Russian raw from the US, and, unlike the LP, the Russian raw is not authorized, but is traded under the price to limit Moscow’s ability to make a profit from sale. According to KPLER, India is one of the largest buyers of Russian oil, which shows total exports of Russian raw materials, is about 3.35 million barrels per day, of which India is about 1.7 million and China 1.1 million.
In New Delhi, there should be “confusion”, said Bob McNally, President Rapidan Energy Group and former White House Energy Advisor George W. Bush, CNBC.
“Joe Biden went to India after the invasion of Ukraine and asked them to take Russian oil, the Indians are unlikely to import a single Russian oil, and they asked India, please take oil,” so the raw prices will remain low, and they have done.
Industrial sources in the Indian oil sector reported CNBC that the country is fulfilling all international sanctions, and that India is making the world economy a “commitment” by buying Russian oil, which in turn stabilizes prices. Sources do not want to identify from the sensitivity of this issue.
India claims that if it stops buying Russian oil, it is necessary to implement a plan for stabilizing energy markets, as well as emergencies to fill the supply deficit when Russian barrels are removed from the market.
“In case India decides to reduce Russian oil imports, refineries will probably try to find alternative barrels from the Middle East because they hoped for these barrels until 2022. Probably not entering,” said CNBC Giovanni Staunovo, an analyst in UBS.
Russia is the third largest raw material producer after the United States and Saudi Arabia. Moscow produces almost 11 million barrels of oil per day, reports US Energy Information Office. Indian imports of Russian crude oil amounted to 38% in 2023 and 2024, and is currently 36% in 2025. Total Indian imports on raw every year increases with the rise in demand, and as a result of the import of Russian raw materials in 2025 – their strongest annual pace.
If this delivery had to be removed from the market, prices would increase, industry sources in the Indian oil sector report. “If India would stop buying Russian raw oil today, world raw prices can jump to more than $ 200 a barrel for all world consumers,” the CNBC source said.
“Very closer date is the risk of prices at Brent to $ 80 and above,” said McNally CNBC, signaling it The impact of additional tariffs and potential reduction on imports of Russian oil will be much less catastrophic.
Turn
“If they did not want India to buy something, they told us,” the industry source said in the Indian oil sector. This is really the case when India once bought Iranian raw materials, which is no longer being bought and now authorized, as Washington exceeds its maximum pressure against the Islamic Republic.
Hardep Singh Puri, Minister of Oil in India, last month said Dan Murphy: “The price of oil would go to $ 130 a barrel. This was a situation in which we were advised, including our friends in the United States to buy Russian oil, but within the cost.”
Sarah Wahshura, founder and president of the SVB Energy International, said CNBC that great duties announced by Trump are a “talks’ tactic aimed at” restoring the lost oil market in India and reducing oil exports from 2022 and providing equivalent exports of another goods to India. “
“India has always coordinated the oil policy in the US, including sanctions on Iranian oil. At the same time, priorities are priorities for Trump, energy security and reliability,” Wahshura added.
Russian raw material was delivered under the cost of the European Union after the invasion of Musicians in 2022 in Ukraine. This price set at $ 60 per barrel allows Russia to export its raw, but at the price is lower than the goods are usually traded. The goal is to limit Moscow’s income from oil exports, narrowing the country’s ability to finance its war in Ukraine. The policy was implemented by G7 companies, hoping to preserve the stable supply of Russian oil to the market.
Sources in the Indian oil sector reported CNBC: “The price restriction is a difference of 1 to $ 2,” and insists that New Deli does not buy Russian raw at a barrel.
Even Russian SPG is not “completely under US secondary sanctions, Europe still buys gas in Russia with pipelines and Mr. Only some Russian export terminals (Eg Artic LNG 2) are under sanctions, but not all exports of the BC,” said UBS ‘Staunovo.
In 2021, Russia was the largest oil supplier to the European Union. Following the ban on maritime imports of Russian raw materials, the share of imports from Moscow decreased from 29% to 2% in 2025. The EU still imports 19% of its BCG from Russia, according to the first quarter of 2025 from the Eurostat.
Russia is a member of the OPEC Plus created together with Saudi Arabia in 2016. The group works on oil prices stabilizing, adjusting production based on market bases and supplies of supply and supply. A group of eight manufacturers just moved a few days ago to collect production in September, completely unwinding and helping calm fears on Russian supplies.
“While OPEC+ countries have spare opportunities to combat disruptions, a complete drop in production/exports of Russian raw raw materials will see that the spare potential is completely reduced. The Baden administration knew about it,” said UBS Staunov.
The Russian price restriction is aimed at “reducing the income of the Russian government, allowing Russian oil to remain in the markets and preventing the spike on oil prices,” Staunov added, noting that these decisions were made in the US presidential election in the US
Now, having won this very election, Trump means business. Before hitting an additional 25% tariffs for India on Wednesday, he said CNBC that India “was not a good trading partner.”
This means that we are connected with New Delhi, a key security partner and protection, there may be a risk. India sharply responded to Trump’s criticism on Wednesday, saying it was “unreasonable and unreasonable” and that it bought Russian oil with the support of the United States.
