India to restrict Russian oil buy, import only where supplies are irreplaceable: Sources https://www.taxtmi.com/news?id=69898 India will restrict new crude purchases from Russia under a bilateral trade understanding with the US that lowers reciprocal US tariffs to 18 percent; refiners will honour prior contracts but cease new orders, while a limited exception or special dispensation may be made for Nayara Energy due to sanctions-related commercial constraints. en-us Tue, 03 Feb 2026 20:46:04 +0530 Tue, 03 Feb 2026 20:46:04 +0530 TaxTMI RSS Generator India to restrict Russian oil buy, import only where supplies are irreplaceable: Sources https://www.taxtmi.com/news?id=69898 India will restrict new crude purchases from Russia under a bilateral trade understanding with the US that lowers reciprocal US tariffs to 18 percent; refiners will honour prior contracts but cease new orders, while a limited exception or special dispensation may be made for Nayara Energy due to sanctions-related commercial constraints. News - Tue, 03 Feb 2026 20:46:04 +0530 https://www.taxtmi.com/news?id=69898