People familiar with the matter revealed that India is requiring oil refiners to report weekly oil purchases from Russia and the United States. At the same time, he said that since the Indian government is seeking a trade agreement with the US, India's crude oil imports from Russia are expected to fall below 1 million barrels per day in the future. The US originally intended to reduce its trade deficit with India. Last year, it doubled import tariffs on Indian goods to 50% due to dissatisfaction with India's massive purchases of Russian oil. Currently, the US and India are currently in negotiations on a potential trade agreement, but the negotiation process has sometimes reached an impasse. Five industry and government sources revealed that the Petroleum Planning and Analysis Center under India's Ministry of Petroleum is requiring refiners to submit weekly oil import information from Russia and the US, and said the request comes from Prime Minister Modi's office. A government official source said, “We need timely and accurate data on Russian and US oil imports, so that when the US asks for relevant information, we can provide verified data instead of making them rely on second-hand information.” All sources requested anonymity because they were not authorized to speak to the media about the issue, and they said they did not expect this data to be made public.

Zhitongcaijing · 5d ago
People familiar with the matter revealed that India is requiring oil refiners to report weekly oil purchases from Russia and the United States. At the same time, he said that since the Indian government is seeking a trade agreement with the US, India's crude oil imports from Russia are expected to fall below 1 million barrels per day in the future. The US originally intended to reduce its trade deficit with India. Last year, it doubled import tariffs on Indian goods to 50% due to dissatisfaction with India's massive purchases of Russian oil. Currently, the US and India are currently in negotiations on a potential trade agreement, but the negotiation process has sometimes reached an impasse. Five industry and government sources revealed that the Petroleum Planning and Analysis Center under India's Ministry of Petroleum is requiring refiners to submit weekly oil import information from Russia and the US, and said the request comes from Prime Minister Modi's office. A government official source said, “We need timely and accurate data on Russian and US oil imports, so that when the US asks for relevant information, we can provide verified data instead of making them rely on second-hand information.” All sources requested anonymity because they were not authorized to speak to the media about the issue, and they said they did not expect this data to be made public.