India Holds Line on Russian Oil With Trump’s Tariffs in Question
Market Intelligence Analysis
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Why This Matters
Indian refiners are cautious about purchasing Russian oil due to uncertainty surrounding US tariffs, following a US Supreme Court ruling that has put a trade deal in question.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
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.
Indian refiners are keeping Russian oil purchases to a minimum after a US Supreme Court ruling at the end of last week threw into question a long-awaited trade deal that would cut tariffs in exchange for halting those imports.
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Full article on Bloomberg
Original article published by
Bloomberg
on February 26, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.