India’s purchases of US energy products have lost momentum in the last few years, driven by lack of competitive rates and geopolitical uncertainties, causing concern over how much more energy products India can import to plug a $36 billion trade surplus with the US and neutralize proposed tariffs by Washington.
But an urgency crept in this year after the share of US oil in India's overall crude import basket slumped by more than half in 2024 to 4 percent from 2021 levels, and Donald Trump stepped in to slap tariffs indiscriminately. Purchases of US crude oil doubled in March from

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