India plans to boost oil and LNG imports from the U.S. to reduce trade surplus

India plans to increase its imports of oil and liquefied natural gas (LNG) from the United States. This move aims to reduce its trade surplus with the U.S. and avoid potential tariffs from President Trump. India's Foreign Secretary Vikram Misri stated that energy purchases from the U.S. could rise from $15 billion to as much as $25 billion. Discussions for increased purchases were already underway before the recent meeting between Trump and Indian Prime Minister Modi. Indian companies are also seeking long-term LNG supply agreements with U.S. exporters. This comes as India looks to balance its energy needs while navigating U.S. sanctions on Russian oil.