
August 19, 2025
Indian Refiners Hit Pause on Russian Oil Orders as Trump’s 25% Tariff Threat Looms
With US President Trump's 25% tariff on Russian oil hanging in the balance, Indian refiners are playing it safe. They’re holding back on orders, worried about market chaos and price jumps. Will the oil trade between India and Russia get disrupted? The world watches closely as this high-stakes drama unfolds.