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Tougher U.S. sanctions could hit major buyers of Russian oil, including India.
The reporting says cutting Russian crude imports could raise domestic fuel prices before key regional elections or strain government finances.
Keeping those purchases could threaten crucial Indian exports to the U.S.
New Delhi has warned Washington that the bill could damage bilateral ties.
More context
Indian sources said trade talks may continue.
Analysts said replacing discounted Russian oil, which accounts for over 40 percent of India’s supplies, is practically impossible for refiners.