India Doubles U.S. Oil Imports to Please Trump

India has more than doubled its crude oil imports from the United States since the start of this year as it seeks to avoid devastating tariffs under President Donald Trump’s plan to “fix” trade imbalances with foreign partners. The FT reported today, citing official data, that India had reduced purchases of Russian, Saudi, and Iraqi oil by as much as 70% in the first four months of the year, while imports from the U.S. rose by 120%. Still, Russia remains India’s biggest oil supplier, followed by Iraq and Saudi Arabia, with…