India hails Trump ‘deal’ but ducks discussing Russian oil ban

Market Intelligence Analysis

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Why This Matters

India is reportedly considering a deal with the US, but analysts are skeptical about the claim that India will stop buying Russian oil. The news has sparked mixed reactions, with India hailing the potential deal but avoiding discussion of a Russian oil ban. The market impact is uncertain at this stage.

Market Impact

Market impact analysis based on neutral sentiment with 65% confidence.

Sentiment
Neutral
AI Confidence
65%
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.

Analysts deeply sceptical of US president’s claim that Narendra Modi has promised to stop buying crude from Russia

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Full article on Financial Times
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Original article published by Financial Times on February 4, 2026.
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