Despite the government’s assertion that India’s oil imports from Russia won’t be cut in the face of tariff threats from the US, Urals flows to the country could moderate in the coming weeks. Indian refiners are assessing alternative supplies and procurement costs in an already tight oil market, and any punitive tariffs linked to Russian oil imports could accentuate the trend. “Energy security is the key,” a top government official said, reiterating that tariff measures alone were unlikely to determine India’s crude sourcing decisions. Refiners are in a wait-and-watch mode on how the US measures are implemented after the 30-day window expires, the official added.