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US-Russia competition for India energy market
One page that accretes the verified record as the story develops. Every fact keeps its date and its sources.
1 DAYS
17 FACTS
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FIRST ENTRY AUG 27
AUG 27 · Day 1
US and Russia compete for share of India's energy market
U.S. and Venezuelan crude combined accounted for about 11% of India's crude imports over the March-to-August period.
President Trump said the U.S. agreed to cut tariffs against India to 18% after India agreed to stop buying Russian oil and buy more from the U.S. and potentially Venezuela.
India has not endorsed the details shared by Trump and maintains that energy security is the sole driver of its energy purchases.