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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Original article published by Bloomberg on February 26, 2026.
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