Core Points - The Trump administration announced sanctions against two major Russian oil companies, Lukoil and Rosneft, marking the first direct sanctions against Russia during Trump's second term [1] - Indian refiners are preparing to significantly reduce their imports of Russian oil to comply with the new U.S. sanctions, potentially paving the way for a trade agreement between India and the U.S. [1][6] - Reliance Industries, India's largest buyer of Russian crude, plans to cut or completely halt its imports of Russian oil, including terminating a large long-term procurement agreement with Rosneft [1][6] Group 1: Impact on Indian Refiners - Indian state-owned refiners, including Bharat Petroleum and Hindustan Petroleum, are reviewing their trade documents to ensure compliance with the sanctions [4] - Reliance Industries has been sourcing crude oil from the Middle East and Brazil to partially replace Russian supplies [1][6] - The supply of Russian oil to major Indian refiners is expected to drop to nearly zero, although some crude may still enter the market through intermediaries [6][5] Group 2: Market Reactions and Future Outlook - Analysts predict that if the Trump administration follows through with its sanctions, refiners seeking access to U.S. capital markets will abandon Russian oil [6] - The ongoing negotiations for a potential trade agreement between the U.S. and India aim to reduce tariffs on Indian imports in exchange for a gradual decrease in Russian oil imports [6][7] - The Russian Foreign Ministry has stated that the sanctions will not significantly impact Russia, claiming the country has developed strong immunity to such restrictions [7]
“消息人士：美国制裁下，印度俄油进口将近乎归零”