In this explainer episode of Energonomics, host Renil S Varghese speaks with Richa Mishra, Resident Editor of The Hindu businessline, to unpack India’s evolving crude oil sourcing strategy amid US President Donald Trump’s announcement of a new trade agreement with Prime Minister Narendra Modi.
With India expanding its crude suppliers from 27 to 41 countries, the discussion dives into geopolitical pressures, diversification tactics, refinery capabilities, and the big question: Will India really stop buying Russian oil?
Richa breaks down the dynamics, timelines, and economic realities shaping India’s energy decisions.
Published on February 4, 2026