On August 7, 2025, several Indian oil refineries temporarily halted spot purchases of Russian crude, amid shifting geopolitical dynamics and in anticipation of further guidance from the Indian government. Sources close to the country’s energy sector confirmed the development.
The decision comes shortly after U.S. President Donald Trump announced plans to expand secondary sanctions on countries that continue importing Russian oil. In parallel, Washington imposed a 25% tariff on selected Indian goods — a move seen by analysts as a signal to New Delhi amid increasing diplomatic pressure.
Leading Indian oil companies, including Indian Oil Corporation and Bharat Petroleum, have stated they are currently refraining from participating in new spot tenders for Russian crude. According to company representatives, this is a temporary step intended to mitigate potential legal and economic risks while awaiting further clarification from authorities.
India’s energy policy has long emphasized market-driven decisions and ensuring energy security for its population of over 1.4 billion people. However, recent developments on the international stage may prompt short-term adjustments in the country’s oil procurement strategies.
As of the time of publication, no official statements have been issued by either the Indian or Russian governments regarding potential changes in energy trade policy.
