Energy Daily

India Is Unlikely to Break Its Russian Oil Connection No Matter What Trump Claims

New Delhi remains silent on whether it will cease oil trade with Moscow after US trade deal.
An auto rickshaw drives past a Bharat Petroleum oil refinery in Mumbai, India.Photographer: Dhiraj Singh/Bloomberg
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Welcome to our guide to the commodities driving the global economy. Today, New Delhi-based oil reporter Rakesh Sharma asks what’s next for the Russia-to-India crude trade.

One of the big question marks hanging over the global oil market is the extent to which India will throttle down its buying of Russian crude.