 "crude oil, oil, lng")
The baseline 10 per cent tariff on all imports to the US -- and higher for many major trading partners-- will not apply to crude oil, natural gas, and refined products, the White House said on Wednesday. It will save India's oil and petroleum exports to the US, valued at $5.8 billion in financial year 2023-24 (FY24), from being burdened with import duties.
The US is India’s largest exporter, with total outbound trade reaching $60 billion in the April-December period of FY25. Within this, refined petroleum exports stood at $3.15 billion. The US was the fourth-largest destination for Indian petroleum
