# India’s Russian oil imports hit record, but analysts say US tariff impact limited 2026-08-10T12:51:43+00:00 | Entertainment | Indian Opinion Desk Corroboration: 1 independent outlet The US Senate passed a bill on Friday allowing tariffs of up to 100% on countries such as India and China that buy Russian crude oil and natural gas. But Anindya Banerjee of Kotak Securities told ANI the move would not cause India a major economic headache. The discount on Russian crude has narrowed from $15-20 a barrel in 2022 to just $2-3 now, saving India only $2-3 billion a year against an annual oil import bill of roughly $150 billion. A prolonged rise in global crude above $100 a barrel would be a far bigger risk. Separately, data from the Centre for Research on Energy and Clean Air shows India's Russian crude imports hit a record for the second straight month in July, at 5.5 billion euros. Russia now supplies over half of India's crude imports. The imports reached a record 2.8 million barrels per day in July, accounting for 55.5% of total crude purchases. Analysts say supply disruption is unlikely given India's diversified sourcing and strategic reserves. ## Coverage - energy.economictimes.indiatimes.com - timesnownews.com Tags: actor careers, Bigg Boss Kannada, Kannada cinema, Kiccha Sudeep, Neenasam Ashwath, reality TV Canonical: https://indianopinion.org/kannada-stars-to-vie-for-silver-screen-in-bigg-boss-house/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/kannada-stars-to-vie-for-silver-screen-in-bigg-boss-house/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.