India’s US crude oil imports surge over 50% in first half of 2025; LNG, LPG trade also expands: Report

India significantly increased crude oil imports from the US in early 2025, with a surge in the April-June quarter. This growth extends to LNG and LPG, supported by strong diplomatic ties. However, this trade relationship faces challenges as President Trump announced tariffs on India, citing trade imbalances and ties with Russia.