Oil futures recovered part of the previous day’s losses as India was expected to curtail purchases of Russian crude under a trade deal with the U.S.

India US Trade Deal LIVE Updates: Day after India and the US reached a trade agreement and Trump claimed that India has agreed to stop purchasing Russian oil. Indian External Affairs Minister S Jaishankar met Scott Bessent in Washington on Wednesday as they held talks on the economic partnership.

Arvind Shrivastava, Secretary, Department of Revenue, said that the deal will create more opportunities for our labour-intensive and manufacturing sectors in the US market.

Indian lawmakers from the ruling coalition praised Prime Minister Narendra Modi for striking a deal with the U.S. to reduce tariffs on Indian goods.

India’s $2.4B carbon capture investment reveals how trade pressure, EU CBAM, and global shifts are driving climate action as the U.S. falls behind.

India-US Trade Deal News Live: US President Donald Trump on Monday said he and Prime Minister Narendra Modi "have agreed to a Trade Deal" between the United States and India, whereby the United States will charge a reduced Reciprocal Tariff, lowering it from 25% to 18%.

For years, Pakistan and Bangladesh enjoyed privileged access to the European market. The India–EU Free Trade Agreement now threatens to upend that order. Nearly 93 percent of Indian exports will eventually enter Europe tariff-free,

President Donald Trump announced a trade deal with India to cut tariffs to 18% from 50% in exchange for New Delhi halting Russian oil purchases and lowering trade barriers.