India’s oil imports from U.S. to rise, amid criticism for Russian purchases Posted on March 20, 2022 by cngpump The surge in oil prices following Russia’s invasion of Ukraine last month threatens to fan Indian inflation, stretch public finances and hurt growth just when it was emerging from a pandemic-induced slowdown. Related posts: US President Biden announces ban on Russian oil and gas imports Gas price hikes fueling electric vehicle conspiracy theories India may relook inflation, growth projections, says RBI deputy governor Michael Patra Spotlight falls on natural gas amid energy transition debate – and geopolitics Crude oil shoots higher on US Russian oil ban, Asian shares stabilise Russian oil sale to India complicates Biden’s efforts