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India's Oil Buyers Consider Cutting Russian Cargoes Amid US Tariff Threats

  1. Indian oil buyers weigh reducing Russian crude shipments following US tariff warnings

    Major Indian oil importers are actively reviewing their procurement strategies and considering cuts to Russian crude oil cargoes following recent threats of heavy US tariffs. Commerce Minister Piyush Goyal confirmed that the Indian government is closely examining new US legislative powers targeting buyers of Russian energy.

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