Russia Oil Cuts - Search News

Russia-India oil ties

Trump cuts tariffs on India to 18% after Modi agrees to stop buying Russian oil

President Donald Trump said Monday that he plans to lower tariffs on goods from India to 18%, from 25%, after Indian Prime Minister Narendra Modi agreed to stop buying Russian oil.

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India To Restrict Russian Oil Imports Under US Trade Deal, Trump Cuts Tariffs To 18% In Exchange

· 1d · on MSN

US to cut tariffs on India to 18%, India agrees to end Russian oil purchases

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India-US trade deal slashes tariffs; seen lifting exports, market sentiment

U.S. President Donald Trump on Monday announced a trade deal with India that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade...

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Trump Announces Trade Deal With India to Reduce Tariffs

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India to ramp up purchases of US oil, arms, aircraft; open some farm access

Russia’s Oil Revenue, the Lifeblood of Its War Machine, Is Plummeting

The new reality has forced the Kremlin to raise taxes and increase debt, and hovers over peace talks with Ukraine.

Regtechtimes on MSN

Russia forced to sell oil to India for as little as $22 a barrel as US sanctions bite

Russia is under growing pressure in the global oil market, forced to sell crude oil to India at extremely low prices. Some shipments have recently gone for as little as $22 to $25 per barrel. The sharp fall is driven by stronger US sanctions under President Donald Trump,

The New Voice of Ukraine on MSN

China cuts Russian oil imports after spending nearly $50 billion

Russia’s average daily oil exports to China in 2025 amounted to 2.04 million barrels per day, down from 2.19 million barrels per day in 2024. Saudi Arabia remained the second-largest exporter of oil to China.