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U.S. Supreme Court tariff ruling will likely allow India to keep buying Russian oil
CNBC ^ | Tue, Feb 24 2026 | Priyanka Salve

Posted on 02/25/2026 6:26:50 PM PST by MinorityRepublican

India will likely continue buying Russian oil as the U.S. Supreme Court's verdict outlawing President Donald Trump's import tariffs has constrained his trade policy options, analysts said.

"I do expect that India will maintain a healthy relationship with Russia, including on energy," Sarang Shidore, director of the Global South Program at the Quincy Institute for Responsible Statecraft told CNBC's Inside India. He added that India could reduce its Russian oil purchases but is unlikely to stop completely.

According to energy data provider Kpler, India has imported 1.16 million barrel per day (mbd) of Russian oil so far in February, lower than an average intake of 1.71 million barrels per day in 2025.

While it is too early to draw data on March and April arrivals, Muyu Xu, senior research analyst for crude at Kpler, said that "market chatter indicates" Indian refiners have refrained from booking April delivery of Russian oil this month following an interim US-India trade deal reached earlier this month.

But following the U.S. Supreme Court's ruling on Friday that Trump did not have the legal authority to implement sweeping import tariffs under the International Emergency Economic Powers Act (IEEPA), Xu said India now has the room to maintain Russian oil imports between 800,000 and 1 million barrels per day.

(Excerpt) Read more at cnbc.com ...


TOPICS: Russia
KEYWORDS: h1b; multiplenicks; putinthewarpig; russiansuicide; vladtheimploder

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1 posted on 02/25/2026 6:26:50 PM PST by MinorityRepublican
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To: MinorityRepublican

Narendra Modi and Benjamin Netanyahu having a nice time with Modi visiting Israel right now.

India should be free to do what it wants IMHO without Trump interference.


2 posted on 02/25/2026 6:28:25 PM PST by Nextrush (FREEDOM IS EVERYBODY'S BUSINESS, REMEMBER REV; NIEMOLLER)
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To: Nextrush

Trump is trying to negotiate an end to the war in Ukraine. As long as the Russians are able to sell oil, Putin is not interested in negotiating.


3 posted on 02/25/2026 6:36:42 PM PST by MinorityRepublican
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To: JonPreston

bobo saddened.


4 posted on 02/25/2026 6:39:12 PM PST by an amused spectator (The DemoKKKraps haven't been this mad since we took away their slaves.)
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To: MinorityRepublican

So Roberts and the squish are Putin puffers and Russian collusionistas.


5 posted on 02/25/2026 6:47:21 PM PST by AndyJackson
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To: MinorityRepublican

Supreme Court left it open he could stop imports altogether. Start with HB1 pipeline fraud.


6 posted on 02/25/2026 6:54:50 PM PST by stateofit
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To: All

Fundamental rule of planet Earth -— oil is everything.


7 posted on 02/25/2026 7:03:45 PM PST by Owen
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To: Owen

True dat. Oil is called liquid gold.


8 posted on 02/25/2026 7:11:10 PM PST by Bobbyvotes (Work is worship says Bhagavad Geeta. Instead of praying do work and get richer.)
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To: stateofit

If Trump admin stops all imports, inflation will be 5 times higher than during Biden, and republicans will lose every seat in congress.


9 posted on 02/25/2026 7:13:27 PM PST by Bobbyvotes (Work is worship says Bhagavad Geeta. Instead of praying do work and get richer.)
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To: stateofit

The H1B visa program brought in 4 million foreign tech workers. Costing American tech workers 4 trillion dollars.


10 posted on 02/25/2026 7:35:17 PM PST by jroehl (And how we burned in the camps later - Aleksandr Solzhenitsyn - The Gulag Archipelago)
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To: MinorityRepublican

And sell to California……


11 posted on 02/25/2026 7:39:41 PM PST by Lockbox (politicians, they all seemed like game show host to me.... Sting)
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To: Bobbyvotes

Sorry, I meant to be specific to India, and the HB1 visa system that India exploits.


12 posted on 02/25/2026 7:43:56 PM PST by stateofit
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To: MinorityRepublican

Is Trump negotiating as a neutral or someone who ultimately wants to defeat Russia after a pause in the fighting to focus on China as ‘the main enemy’?


13 posted on 02/25/2026 8:11:15 PM PST by Nextrush (FREEDOM IS EVERYBODY'S BUSINESS, REMEMBER REV; NIEMOLLER)
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To: Nextrush
Trump is not representing the MIC, at least I don't think so.

That's more Lindsey Graham's lane.

14 posted on 02/25/2026 8:24:34 PM PST by MinorityRepublican
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To: MinorityRepublican

It would seem that way but I think out loud consider the possibilities.


15 posted on 02/25/2026 8:26:07 PM PST by Nextrush (FREEDOM IS EVERYBODY'S BUSINESS, REMEMBER REV; NIEMOLLER)
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To: stateofit

H1-B visa cannot be exploited by Indians. Because Indian worker cannot apply for it. H1-B visa is ALWAYS applied by an American corporation. It just happens that India is 5 times bigger than USA by population, so they have 5 times as many workers available, who will work for cheap wages. American companies exploit that situation.


16 posted on 02/25/2026 8:36:23 PM PST by Bobbyvotes (Work is worship says Bhagavad Geeta. Instead of praying do work and get richer.)
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To: Bobbyvotes

Shut H1B/H4/OPT/CPT/L1 doen & send them back on a chutney-greased rail.


17 posted on 02/26/2026 1:39:56 AM PST by bobcat62
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