Bloomberg learned that India is seeking alternatives to Russian oil due to Trump.

Indian companies have begun looking for alternatives to oil supplies from RUSSIA due to Trump's threat to impose secondary sanctions on Russianoil , if he finds Moscow guilty of disrupting the peace deal in Ukraine , he writesBLOOMBERG

Indian oil refineries are seeking alternatives to Russian spot oil supplies to reduce their dependence on them, following US President Donald Trump's announcement of possible secondary sanctions on Russian oil, Bloomberg reported, citing traders who received tender notifications.

State-owned Bharat Petroleum Corp. and Hindustan Petroleum Corp. are seeking additional supplies in May from regions including the Middle East , the North Sea and the Mediterranean, according to sources familiar with the matter.

Trump's remarks also led to a surge in benchmark futures prices: for example, futures for American WTI (West Texas Intermediate) crude rose 3.1%, the largest increase in nearly 11 weeks, Bloomberg notes. A similar situation developed after the previous US administration imposed the "most significant" sanctions against the Russian energy industry in January.

As Bloomberg points out, last month, both state-owned and private oil refineries were confident of their ability to receive all of Russia's oil "after a brief interruption caused by Washington's tightening sanctions." Following the January round of sanctions against the Russian oil and gas industryREUTERS wrote that the restrictions will push India and CHINA to seek alternatives to Russian supplies in the Middle East, Africa, and America.

Moreover, in recent years, Russian oil supplies have helped reduce India's dependence on imports from the Middle East and Africa. For example, between April 2024 and March 2025, Russia overtook the UAE to become India's largest oil supplier: its share increased from 14% to 57% over the course of the year.

India has not joined the sanctions imposed by Western countries on Russia. Indian companies are subject to US and EU restrictions on charges of participating in sanctions evasion against Russia.

Following the announcement of a large-scale package of restrictions on the Russian energy sector, the US demanded that India unload oil from Russian tankers by February 27. The restrictions then targeted, among others, Gazprom Neft and Surgutneftegaz, more than 180 tankers that Washington considers Russia's "shadow fleet," and others. New Delhi agreed to deny unloading to tankers subject to US sanctions.

Shortly after the sanctions were imposed , Russian presidential press secretary Dmitry Peskov stated that supply routes "cannot simply be cut off": if something is blocked in one place, an alternative route appears elsewhere. He emphasized that Moscow would seek options to minimize the impact of the sanctions.

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