Indian oil refiners, who are among the largest buyers of Russian crude, are planning to modestly reduce their purchases in the coming weeks. This move is seen as a concession to Washington ahead of the new U.S. tariffs. State-run and private processors, including Reliance Industries, are expected to purchase 1.4-1.6 million barrels per day for October loading, which is a decrease from the average of 1.8 million barrels per day in the first half of the year. The article suggests that these volumes could change if India reaches a trade deal with the U.S. that eases pressure related to Russia’s war with Ukraine.