Reported 14 days ago
In response to pressure from President Trump to cease purchasing discounted Russian oil, India is planning to increase its imports of crude oil and natural gas from the United States. India, the second largest buyer of Russian oil, aims to diversify its energy supplies and align more closely with U.S. policy on reducing reliance on Russian energy. Trade Secretary Rajesh Agarwal indicated that while India currently buys around $12-$13 billion of energy from the U.S. annually, there is potential to significantly increase that figure if prices remain competitive.
Source: YAHOO