WASHINGTON/NEW DELHI: The United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50%, a White House official told Reuters on Thursday.
However, Indian sources said the cut was not visible yet, though it could be reflected in import numbers for December or January.
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Refiners had already placed orders for November loading that included some cargoes for December arrival as well, the sources said. The Indian government has not yet informed refiners of a request to cut Russian imports, they added.
India’s oil ministry and all of the Indian refiners that buy Russian oil did not immediately respond to Reuters’ requests for comment.
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