US President Donald Trump has imposed a total tariff on India for buying oil from Russia. Not only this, he has threatened that if India still does not stop buying oil from Russia, more strict action can be taken against it. Trump announced 25 percent penalty and said that India is taking advantage of Russian oil. Meanwhile, External Affairs Minister S Jaishankar, who arrived in Moscow, has given such an answer, which raised many questions. He said that if a country has difficulty in buying oil from India, then he should not buy. No one can be forced to. In such a situation, questions arose that from which countries India sells oil and where does so much oil come to India.
Which countries buy refined oil from India?
India imports crude oil and exports refined petroleum products. You will be surprised to know that America is also included in the countries that buy refined petroleum from India. Apart from this, the countries of the European Union are also included in the Netherlands, Singapore, Australia, UAE, South Africa. European countries are at the top of the country which are buying the most refined oil from India.
How much oil has India bought from Russia so far?
In 2024, India exported petroleum products worth over $ 19 billion to the European Union, which declined to $ 15 billion in 2024–25. According to GRTI, the major reason for this is to ban petroleum products prepared from crude oil purchased by Western countries from Russia. Despite the ban, India bought $ 50 billion crude oil from Russia in 2025. This is about one third of the total oil purchased by India from Russia. Let us know that India has bought $ 143 billion oil from Russia so far.
From which countries India buys oil?
India is the third largest country in the world to consume oil. America is first and China is second in this list. India imports about 85 percent crude oil of its need. He buys oil not only from Russia, but also from Saudi Arabia, UAE, America, Nigeria, Kuwait, Mexico, Oman. From April 2021 to January 2022, India bought the most oil from Iraq. Yes, it is true that after the Ukraine war, when the ban was banned from Russia, India increased the purchase of Russian oil. Petroleum Minister Hardeep Singh Puri said that earlier 27 countries used to sell oil to India. At present, this number has increased to 40.
Where is the treasure of oil in India?
The production of crude oil in India is very low. There is some oil available in Assam, Western Apat, Rajasthan, Gujarat and Mumbai. However, it is being told that oil reserves have also been found in different parts of the country. The Andaman Sea is expected to have huge oil reserves, which is located in search of India. If we talk about the world, then the biggest oil reserves are with Venezuela. This is followed by the number of Saudi Arabia, Iran, Canada and Iraq.
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