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U.S.-India Trade Deal Puts Oil and Russian Crude at the Core
Market Intelligence Analysis
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Why This Matters
The U.S.-India trade deal has been reached, with the U.S. cutting tariffs on Indian goods to 18% and India committing to increase purchases of U.S. oil and gas, potentially impacting global energy markets.
Market Impact
Market impact analysis based on bullish sentiment with 80% confidence.
Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
President Donald Trump said on Monday that the United States and India have reached an agreement on a trade framework that cuts U.S. tariffs on Indian goods and commits New Delhi to expand purchases of U.S. oil and gas, pushing energy supply to the center of talks that have unfolded largely in public. Trump’s comments outlined a deal that lowers U.S. tariffs on Indian imports to 18% and removes an additional duty tied to India’s Russian oil buying. In return, he said Prime Minister Narendra Modi agreed to sharply reduce purchases of…
Original article published by
OilPrice.com
on February 2, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.