{"id":43764,"date":"2025-09-24T11:35:52","date_gmt":"2025-09-24T11:35:52","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/09\/24\/india-plans-higher-us-oil-and-gas-imports-as-tariff-talks-continue\/"},"modified":"2025-09-24T11:35:52","modified_gmt":"2025-09-24T11:35:52","slug":"india-plans-higher-us-oil-and-gas-imports-as-tariff-talks-continue","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/09\/24\/india-plans-higher-us-oil-and-gas-imports-as-tariff-talks-continue\/","title":{"rendered":"India plans higher US oil and gas imports as tariff talks continue"},"content":{"rendered":"
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India is working on expanding energy imports from the US while pushing for reduced tariffs on its own exports, signalling a trade strategy that places energy security at the core of negotiations. <\/p>\n

Commerce Minister Piyush Goyal, who is currently in New York, confirmed that India expects to raise its purchases of US oil and gas. <\/p>\n

The move comes just weeks after President Donald Trump imposed 50% tariffs on Indian exports, a decision aimed partly at penalising New Delhi for continuing to buy Russian crude. <\/p>\n

The development has added a new dimension to the evolving India-US trade<\/a> relationship.<\/p>\n

Energy trade to balance tariffs<\/h2>\n

Goyal told an event in New York that India and the US, as “close friends and natural partners,” would see energy play a growing role in bilateral trade. <\/p>\n

The minister highlighted that the world\u2019s third-largest oil consumer is seeking stability in supplies, and Washington is expected to have a central role in diversifying India\u2019s energy security goals.<\/p>\n

The Trump administration has argued that India is helping to fund Russia\u2019s war in Ukraine by being the largest buyer of Russian seaborne crude. <\/p>\n

The discounted barrels have allowed New Delhi to manage its import bill, but they have also triggered pressure from Washington. <\/p>\n

By raising imports from the US, India aims to address Washington\u2019s concerns, reduce trade imbalances, and strengthen its position in tariff negotiations.<\/p>\n

Tariff disputes and visa restrictions<\/h2>\n

The relationship between the two countries has faced strains in recent weeks. <\/p>\n

The 50% tariff on Indian exports upended the progress made in trade talks that had recently resumed.<\/p>\n

These measures were followed by a $100,000 fee imposed on new H-1B visas<\/a>, widely used by Indian tech workers in the US<\/a>. <\/p>\n

The visa fee has emerged as a major issue for New Delhi, given the size of India\u2019s information technology workforce in America.<\/p>\n

Washington\u2019s decision to impose higher visa fees has added another layer of complexity to the already tense negotiations, raising concerns in India\u2019s services sector.<\/p>\n

The tensions came even after signs of a thaw when President Trump personally called Prime Minister Narendra Modi on his birthday. <\/p>\n

That gesture briefly suggested relations were improving, but the new tariffs and visa costs have underlined ongoing differences.<\/p>\n

Washington\u2019s role in India\u2019s energy shift<\/h2>\n

Goyal stressed that the US would be a “crucial” partner in India\u2019s energy diversification strategy. <\/p>\n

As India remains heavily import-dependent, ensuring reliable access to energy supplies is a priority.<\/p>\n

Expanding purchases from the US would not only help balance bilateral trade but also provide a counterweight to criticism over India\u2019s Russian crude purchases.<\/p>\n

For Washington, the push aligns with its broader strategy of reshaping global energy flows. <\/p>\n

By supplying more oil and gas to India, the US secures a larger role in Asia\u2019s energy market while simultaneously attempting to limit Moscow\u2019s revenues from crude sales.<\/p>\n

Trade talks and future steps<\/h2>\n

Trade discussions between New Delhi and Washington remain ongoing. <\/p>\n

While tariffs and visa issues have complicated progress, energy cooperation has emerged as a potential area of alignment.<\/p>\n

Increasing oil and gas imports from the US is expected to be a major point in the negotiations, potentially offering India a way to offset disputes on other fronts.<\/p>\n

India\u2019s move also reflects a balancing act between maintaining discounted Russian supplies and deepening ties with Washington. <\/p>\n

The post India plans higher US oil and gas imports as tariff talks continue<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

India is working on expanding energy imports from the US while pushing for reduced tariffs on its own exports, signalling a trade strategy that places energy security at the core of negotiations. Commerce Minister Piyush Goyal, who is currently in New York, confirmed that India expects to raise its purchases of US oil and gas. <\/p>\n","protected":false},"author":1,"featured_media":43765,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-43764","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/43764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=43764"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/43764\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/43765"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=43764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=43764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=43764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}