Trump says India has 'largely stopped' buying Russian oil, hints at visiting the country next year
1. U.S. trade talks with India show positive signs amid easing tensions. 2. India has largely stopped buying oil from Russia. 3. Tariffs on Indian goods could potentially drop from 50% to 20%. 4. Russian oil trades at steep discounts as Indian refiners reduce imports. 5. Long-term phasing out of Russian oil is unlikely for India.