India Boosts U.S. Oil Imports Ahead of Tariff Talks

India is ramping up purchases and imports of crude oil from the United States ahead of crucial talks on the U.S. tariffs next month. As many as 11.2 million barrels of U.S. crude are on route to arrive in India in June, per data from analytics firm Kpler cited by Bloomberg. This would be the highest U.S. crude volume arriving in India since August 2024. India’s state-owned refining giants are leading the higher purchases of U.S. crude, as India hopes to have tariffs lowered if it buys more American energy products. State Indian refiners,…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com