03-August-2025
Economy News
 
India may increase LNG, crude imports from US to ease trade pressure
02-Aug-2025

As Washington tightens its stance through high tariffs and a penalty on imports from India, the country could seek to leverage the situation by offering trade arrangements such as long-term LNG contracts, increased crude oil imports, and joint ventures in solar and other renewable sources of energy to help ease the tariff burden. Industry players and experts are of the view that India could expand its long-term LNG offtake contracts with the US while reducing the import duties on US LNG imports.

News Source:- https://www.financialexpress.com/policy/economy-india-may-increase-lng-crude-imports-from-us-to-ease-trade-pressure-3933983/