Indian Refiners Freeze New Russian Oil Orders as Trump Claims ‘Zero’ Imports Deal, But Loopholes Persist Amid Trade Leverage
In a stark illustration of the tightrope India walks between energy pragmatism and U.S. geopolitical pressure, major Indian refiners have halted new orders for Russian crude oil following fresh American sanctions on Moscow’s oil giants, industry officials have said. The move comes as President Donald Trump, aboard Air Force One en route to Kuala Lumpur, doubled down on claims that New Delhi has pledged to slash Russian imports to “zero” by year-end, a narrative Indian diplomats quietly dismiss as exaggeration, even as they signal willingness to diversify supplies to ease escalating trade frictions. The pause in procurement, confirmed by sources…