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India's US crude oil imports surge to near-record levels amid geopolitical shifts and tariff policies.
India's imports of US crude oil are set to rise significantly in 2025, driven by geopolitical factors and President Trump's tariff policies.
US crude imports could reach 4 million barrels a day, second-highest on record.
India's state-run Bharat Petroleum Corp has awarded a five-month tender for 10 million barrels of US oil to Glencore.
Despite increased US tariffs on Indian goods, India plans to maintain its Russian oil imports, aiming to balance economic considerations with geopolitical pressures.
India's oil consumption is expected to grow, while domestic production declines, making imports crucial.
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Las importaciones de petróleo crudo estadounidense de la India aumentan a niveles casi récord en medio de cambios geopolíticos y políticas arancelarias.