<h1>India will continue importing crude from cheapest, best-quality sources and pursue interim trade agreements with the US and EU.</h1> Indian oil companies will continue to procure crude from jurisdictions offering the lowest prices and best quality, considering geopolitical factors and excluding sanctioned sources; procurement may include suppliers newly available after sanctions are lifted. Separately, officials reported progress toward an interim India-US trade agreement and an India-EU FTA, describing reciprocal tariff adjustments (notably an 18 percent US tariff on Indian goods) and an aspirational bilateral import objective of USD 500 billion, with finer terms and confidentiality to be resolved.