India to Boost Russian Oil Purchase: Buying oil from Russia is passing by India. Donald Trump, who is trying to shut down Ukraine War, is adopting every tactic to bring Russian President Vladimir Putin under pressure. But all his efforts so far have gone in vain. For this reason, President Trump has applied an additional 25 percent tariff penalty over India.
But according to the reports of news agency Reuters, India is now going to increase and increase the purchase of crude oil from Russia. Oil procurement in September may increase by 10 to 20 percent in September.
India will increase the purchase of oil and increase
This decision has been taken by India to buy oil at a time when the Russian refinery has suffered tremendous damage in the drone attack on Ukraine. With this, the processing capacity of his refinery has reduced. In such a situation, oil prices have been reduced by Russian exporters so that more sales can be increased.
It is worth noting that after the ban on Moscow in 2022, India has become a big buyer of Russia. Cheap oil has helped Indian refiners to keep oil prices normal. However, it has also been criticized for not getting the benefit of this cheap oil to the people.
Trump’s anger turned out on oil
This is the reason that since this week i.e. 27 August 2025, tariff rates on Indian goods like clothes, jewelery have been increased to 50 percent. This is a major step to financially ban India in recent times.
However, officials say that there is still talks on the tariff dispute with the Trump administration. At the same time, PM Modi is constantly engaged in doing further better with Russia and China.
Also read: This relief news came for India amid high tariffs, President Trump will also be surprised to know
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