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Big news! India's biggest blow to America so far; Big decision taken
After the US imposed tariffs on India, the relationship between the US and India has become bitter. Relations between the two countries have become strained. On the one hand, many countries are angry with the US due to Donald Trump's new tariff policy, on the other hand, China, India and Russia are now seen coming closer. This has increased America's concern, the White House has also realized this danger.
Meanwhile, while the tariff war is going on, India has now taken a big decision. Indian Oil (IOC), India's largest state-owned petroleum company, has decided not to buy crude oil from the US. Instead of the US, Indian Oil has recently purchased three million barrels of crude oil from Nigeria and the Gulf countries. This is being considered a big blow for the US. According to information received from sources, due to the high crude oil prices in the US and the various options available, Indian Oil has now made a big deal with Nigeria and the Gulf countries instead of buying crude oil from the US.
According to the information that has come to light, IOC has purchased two million barrels of oil from Nigeria. In addition, one million barrels of crude oil have been purchased from Abu Dhabi. The crude oil purchased from Nigeria is likely to reach India by the end of September-October. Last week, Indian Oil had purchased 5 million barrels of oil from the US, but after that, the company has decided not to purchase oil from the US. On the one hand, India is getting a big discount by purchasing crude oil from other countries, on the other hand, it is being said that this decision was taken because the transportation costs are also lower compared to the US. Since India purchases oil from Russia, the US has imposed a fifty percent tariff on India. After that, India has taken this big decision.
After the US imposed tariffs on India, the relationship between the US and India has become bitter. Relations between the two countries have become strained. On the one hand, many countries are angry with the US due to Donald Trump's new tariff policy, on the other hand, China, India and Russia are now seen coming closer. This has increased America's concern, the White House has also realized this danger.
Meanwhile, while the tariff war is going on, India has now taken a big decision. Indian Oil (IOC), India's largest state-owned petroleum company, has decided not to buy crude oil from the US. Instead of the US, Indian Oil has recently purchased three million barrels of crude oil from Nigeria and the Gulf countries. This is being considered a big blow for the US. According to information received from sources, due to the high crude oil prices in the US and the various options available, Indian Oil has now made a big deal with Nigeria and the Gulf countries instead of buying crude oil from the US.
According to the information that has come to light, IOC has purchased two million barrels of oil from Nigeria. In addition, one million barrels of crude oil have been purchased from Abu Dhabi. The crude oil purchased from Nigeria is likely to reach India by the end of September-October. Last week, Indian Oil had purchased 5 million barrels of oil from the US, but after that, the company has decided not to purchase oil from the US. On the one hand, India is getting a big discount by purchasing crude oil from other countries, on the other hand, it is being said that this decision was taken because the transportation costs are also lower compared to the US. Since India purchases oil from Russia, the US has imposed a fifty percent tariff on India. After that, India has taken this big decision.
Meanwhile, while the tariff war is going on, India has now taken a big decision. Indian Oil (IOC), India's largest state-owned petroleum company, has decided not to buy crude oil from the US. Instead of the US, Indian Oil has recently purchased three million barrels of crude oil from Nigeria and the Gulf countries. This is being considered a big blow for the US. According to information received from sources, due to the high crude oil prices in the US and the various options available, Indian Oil has now made a big deal with Nigeria and the Gulf countries instead of buying crude oil from the US.
According to the information that has come to light, IOC has purchased two million barrels of oil from Nigeria. In addition, one million barrels of crude oil have been purchased from Abu Dhabi. The crude oil purchased from Nigeria is likely to reach India by the end of September-October. Last week, Indian Oil had purchased 5 million barrels of oil from the US, but after that, the company has decided not to purchase oil from the US. On the one hand, India is getting a big discount by purchasing crude oil from other countries, on the other hand, it is being said that this decision was taken because the transportation costs are also lower compared to the US. Since India purchases oil from Russia, the US has imposed a fifty percent tariff on India. After that, India has taken this big decision.
