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Middle East crude

U.S. sanctions force India to ditch $33B Russian oil contracts

November 22, 2025 by Attia Naveed

India has finally yielded to U.S. pressure, deciding to stop buying Russian oil, ending a decade-long trade agreement. Reliance Industries, owned by billionaire Mukesh Ambani, will no longer import Russian crude. The move follows threats of high U.S. tariffs affecting India’s trade relations. The U-turn means Reliance will now source expensive oil from the Middle […]

Filed Under: World Tagged With: Foreign Policy, India, Latest, Middle East crude, Mukesh Ambani, Reliance Industries, russian oil, trade agreement, U.S. pressure, U.S. tariffs

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