To my understanding oil is done in contracts well in advance so these purchases were done before the tariffs were a thing. From last I read it was the October contracts which took a beating due to the tariffs. So we’ll have to wait a couple months to see if the tariffs actually have an effect or not on Indian oil purchases
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To my understanding oil is done in contracts well in advance so these purchases were done before the tariffs were a thing. From last I read it was the October contracts which took a beating due to the tariffs. So we’ll have to wait a couple months to see if the tariffs actually have an effect or not on Indian oil purchases