India Faces Trump Tariff Threat Over Russian Oil Purchases

India is facing a potential 100% tariff threat from the Trump administration as the US Senate advances a Russia Sanctions Bill, following India's increased purchases of Russian crude oil despite lapsed US sanctions waivers.

29 Jul, 14:02 — 29 Jul, 14:02

Post Share

Sources

Showing 1 of 1 sources

Times of IndiaMostly Factual3d ago

India faces 100% Trump tariff threat as US Senate advances Russia Sanctions Bill - what it means

India has stepped up Russian crude oil purchases to make up for the deficit, helped in part by the US sanctions waiver which lapsed recently. However, India has continued to procure Russian crude.

By TOI BUSINESS DESK

Read full article →

PERSPECTA

PERSPECTA

India Faces Trump Tariff Threat Over Russian Oil Purchases

Sources

India faces 100% Trump tariff threat as US Senate advances Russia Sanctions Bill - what it means

Related Stories

Kano State Governor Defends Land Allocations

Anti-Drug Operation in Dibër, Albania Leads to Arrests

Trump says he has canceled a planned attack on Iran after reaching an agreement over the 'perimeters of a deal'

Sweden Warns of New Migration Crisis Risk

PERSPECTA