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India mandates weekly Russian and U.S. crude import reports to boost transparency in stalled trade talks.
India is requiring oil refiners to submit weekly reports on Russian and U.S. crude imports to provide accurate data to the U.S. amid trade negotiations, following criticism over continued Russian oil purchases and a 50% tariff hike on Indian goods.
Though not formally directed to cut imports, India expects Russian crude volumes to stay below 1 million barrels per day, down from a 2022 peak of 2 million, as it seeks to balance energy security with diplomatic and trade goals.
U.S. crude imports rose to 6.6% of India’s total in 2025, reflecting a gradual shift.
The new reporting is a first, aiming to improve transparency during stalled trade talks over market access and other issues.
India exige informes semanales de importación de crudo ruso y estadounidense para impulsar la transparencia en las negociaciones comerciales estancadas.