White House Claims India to Halt Russian Oil Imports After US Trade Deal
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Firstpost•04-02-2026, 10:35
White House Claims India to Halt Russian Oil Imports After US Trade Deal
- •White House Press Secretary Karoline Leavitt stated India agreed to stop buying Russian crude oil.
- •India will boost energy purchases from the United States and potentially Venezuela.
- •The trade deal includes a reduction in US reciprocal tariffs on Indian goods from 50% to 18%.
- •India plans $500 billion in investments into the US across transportation, energy, and agriculture.
- •Indian government has not officially confirmed halting Russian oil purchases; Kremlin denies being informed.
Why It Matters: White House claims India will shift from Russian oil to US energy after a new trade and investment deal.
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