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Russian oil already on ships moving through waterways
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US grants India temporary approval to accept Russian oil already at sea

The United States has issued a short-term waiver allowing India to purchase Russian oil already on ships, aiming to stabilize global supplies and ease price pressure during the ongoing conflict affecting energy routes near the Strait of Hormuz.

India Russian oil imports
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India’s Russian oil imports hit three-year low as Trump trade pressure accelerates shift

India’s crude oil purchases from Russia plunged in January 2026 to the smallest share since late 2022 amid Western sanctions and U.S. trade pressure, while imports from the Middle East, Latin America, and other sources surged to rebalance the nation’s energy needs.

US India trade relations
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US to roll back additional 25% tariff on Indian goods after oil, defense commitments

The United States will remove the additional 25 per cent duty on Indian imports from Saturday (7), after India committed to halt Russian oil imports, boost US energy purchases, and deepen bilateral defence cooperation.

India Russian oil imports
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India to halt Russian oil imports, shift toward US and Venezuelan energy supplies: Karoline Leavitt

The White House says India will stop buying Russian oil and invest $500 billion in the United States after President Donald Trump and Indian prime minister Narendra Modi finalized a sweeping trade deal that sharply lowers tariffs and expands energy and investment ties.

Russia India oil trade
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Russia says it 'has heard nothing' from India on halting Russian oil purchases

The Kremlin says India has not communicated any decision to stop buying Russian oil, despite president Donald Trump’s claim that New Delhi agreed to halt imports as part of a new US-India trade deal.

Scott Bessent: Europe Shielded India over Russia Oil Tariffs
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Scott Bessent says Europe undermined Russia pressure by shielding India over trade talks

At the Davos 2026 forum, US Treasury Secretary Scott Bessent defended Washington’s tariffs on India’s purchases of Russian oil, criticized European allies for refusing to join the effort, and hinted that penalties on New Delhi could eventually be lifted.

India Rejects Lutnick claim Modi Trump Call Stall Trade Deal
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India pushes back against US claim that Modi-Trump call caused trade deal breakdown

India has rejected claims by a senior Trump administration official that a stalled phone call between prime minister Narendra Modi and President Donald Trump derailed a US-India trade deal, saying negotiations have been ongoing and complex.

Trump Backs Bill That Could Raise Tariffs on India to 500%
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Tariffs could jump from 50% to 500% as Trump backs tough Russia sanctions bill targeting India

President Donald Trump has approved a bipartisan Russia sanctions bill that could sharply escalate tariffs on countries buying Russian oil, putting India, China, and Brazil at risk of facing punitive levies of up to 500 per cent.

Donald Trump Claims India has Cut Russian Oil imports
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Trump claims India has 'largely stopped' buying Russian Oil, signals possible 2026 visit

Donald Trump said India has significantly reduced Russian oil imports while hinting at a potential trip to New Delhi next year. However, experts say India is unlikely to phase out Russian crude entirely due to cost and supply advantages.

Shashi Tharoor Slams Trump Over India-Russia Oil Remarks
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Shashi Tharoor criticizes Donald Trump for announcing India's decisions on Russian oil imports

Congress leader Shashi Tharoor slammed president Donald Trump for publicly claiming that India would cut Russian oil imports by year-end, saying only India should speak for its own policies and decisions, not foreign leaders.