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Tariffs, Sanctions, and Russian Oil: Has India Truly Stopped Purchasing and Why Is Trump Changing His Tone?


This article examines US sanctions and tariffs on India over Russian oil purchases, analyzing Trump's statements and supply dynamics.

Recently, global media have focused on Donald Trump's statements about US tariffs and sanctions on Russian oil deliveries to India. In the past days at the White House, Trump shifted his rhetoric several times concerning the possible lifting of tariffs for India, as reported by outlets like Bloomberg. He initially vowed to keep tariffs, then suggested he might lift them, attributing this to reports that India had allegedly reduced Russian oil purchases.

However, research by Ukrainian analysts, including the Black Sea Institute of Strategic Studies, suggests a different reality: Indian companies are still actively receiving Russian oil, with tankers reportedly lining up to unload. Traders are racing to complete purchases before November 21, when additional sanctions are expected to take effect.

Analysts also note that India could formally lower its Russian oil imports by buying through intermediaries. This means that, despite official claims, Russian oil is still arriving in India, and observing the real movement of tankers provides more accurate insight into the situation.

Experts say it is too early to predict the full impact of new sanctions set for November 21, as much depends on US political decisions. Additional attention is given to potential secondary sanctions against intermediaries and ports handling Russian oil.

The article also looks at how sanctions are affecting Russian oil companies like Lukoil in Europe, where there are attempts to sell assets and some countries are preparing for the nationalization of oil facilities.

Experts underline the lack of a unified European response to the sanctions issue, with each country acting independently according to its interests and economic context.