India Defies U.S., Plans to Boost Russian Oil Imports by 300,000 Barrels per Day Despite Tariffs
GerikSummary:
India plans to increase Russian oil imports by 10–20% in September about 150,000–300,000 barrels per day despite the U.S. imposing 50% tariffs on Indian goods...
India’s Rising Russian Oil Purchases
According to Vortexa data, India imported an average of 1.5 million barrels per day of Russian oil in the first 20 days of August, roughly the same as July but slightly below the 1.6 million daily average seen in the first half of 2025. This volume accounts for about 1.5% of global supply and 40% of India’s total oil demand.
September purchases are expected to rise as Russian suppliers offer deeper discounts. Moscow is increasing exports after several of its refineries were either shut for maintenance or damaged by Ukrainian attacks that disrupted up to 17% of refining capacity.
Trade Tensions with the United States
President Donald Trump’s administration raised tariffs on Indian goods to 50% starting August 27, accusing New Delhi of “profiteering” from cheap Russian oil. India estimates that about $48.2 billion worth of exports to the U.S. could be affected, with textiles, leather, and autos most at risk.
Despite the pressure, India has defended its position. Officials argue that Western criticism is unfair given that the U.S. and EU still buy billions of dollars’ worth of Russian goods. India’s ambassador to Moscow stressed: “We will continue to buy, depending on financial interests. India imports what is best for the country.”
India’s move carries three major strategic implications. First, economic resilience: Russian crude remains essential to controlling domestic energy costs and supporting growth. Second, geopolitical balance: by maintaining oil ties with Moscow, India strengthens its role within BRICS while hedging against overdependence on Middle Eastern suppliers. Third, strategic autonomy: New Delhi signals that it will not allow U.S. unilateral pressure to dictate its energy policy, underlining its independent stance in global geopolitics.
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