oil companies

  • Trump Claims India Will Reduce Russian Oil Imports While Pursuing Diplomatic Solutions with China

    Trump Claims India Will Reduce Russian Oil Imports While Pursuing Diplomatic Solutions with China

    Oct 23, 2025 10:44 am CST

    President Trump reiterates that India has committed to gradually reducing Russian oil imports by year-end, citing discussions with PM Modi, while planning to leverage upcoming talks with Chinese President Xi Jinping to broker peace between Russia and Ukraine. Meanwhile, the US has imposed new sanctions on Russian oil companies Lukoil and Rosneft, reflecting growing tensions over the ongoing conflict.