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India is still buying Russian oil while asking the United States to remove a 25% tariff placed on Indian goods. At the same time, New Delhi has been telling Washington that volumes have fallen. Both tracks are running together. The request reached the White House through political channels. On Sunday, U.S. Senator Lindsey Graham said India’s ambassador to the United States, Vinay Mohan Kwatra, asked him to speak to President Donald Trump. Graham said Kwatra told him India had reduced its intake of Russian oil and wanted relief from the tariff. Trump is the sitting president in 2025. Meanwhile, U.S. West Texas Intermediate crude (WTI) fell 78 cents, or 1.37%, to $56.35 a barrel by press time, while Brent crude futures fell 61 cents, or 1%, to $60.09 a barrel, according to data from CNBC. State refiners continue buying Russian crude Data from energy analysts shows that overall Russian crude imports into India fell in December. The drop did not come from state buyers. It came from Reliance Industries, owned by Mukesh Ambani, which cut purchases after U.S. sanctions hit Lukoil and Rosneft in late November. Reliance had been a major buyer before those sanctions. Public sector undertakings filled part of that gap. These include Indian Oil Corporation and Bharat Petroleum Corporation. Muyu Xu, senior crude oil analyst at Kpler, said these firms continued to buy Russian crude for future delivery using suppliers not under sanctions. After that first mention, Xu said the buying did not stop. The United States has kept pressure on India to scale back Russian oil purchases. U.S. officials say those sales help Moscow handle Western sanctions tied to the war in Ukraine. Analysts say the buying pattern changed, not collapsed. Pankaj Srivastava at Rystad Energy said overall imports fell but state refiners kept intake steady.Rystad…

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Filed under: News - @ January 7, 2026 4:27 am