Lower US Tariffs to Offset India’s Russia Oil Shift, Nomura Says
PositiveFinancial Markets

Nomura Holdings Inc. has reported that India's transition from discounted Russian crude oil will likely be balanced out by anticipated reductions in US tariffs. This shift is significant as it highlights the dynamic nature of global oil markets and the potential for economic adjustments that can benefit both India and the US. Lower tariffs could enhance trade relations and provide India with more favorable pricing, ultimately impacting the global oil supply chain.
— Curated by the World Pulse Now AI Editorial System










