Russia says 5% discount on oil to India is subject to negotiation amid Trump’s tariff tensions

Russia on Wednesday said it will continue to supply crude oil to India at a 5% discount even as the US imposed tariffs and sanctions in an attempt to curb New Delhi’s imports from Moscow. Evgeniy Griva, Russia’s deputy trade representative to India, stated that future supplies would carry an agreed reduction, saying, “There will be a 5% discount, subject to negotiation, on Russian crude oil purchases to India."

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