India, Oct. 20 -- India imports roughly 80% of its petroleum requirements. While its imports are largely confined to crude oil and other hydrocarbons, it is also a large exporter of refined petroleum products. The geopolitical disruptions in the last few years have inflicted multiple disruptions on India's energy trade. The Trump administration announcing a 60-day waiver in implementation of its proposed punitive action on Russian oil trade - it entails a 100% tariff on countries importing Russian oil - is a good occasion to revisit this recent history. The first part of this series will look at India's energy trade until the ongoing war in West Asia and the second part will look at the period after that.

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