5 h. ago India’s Russian Oil Purchases Are ‘Opportunistic,’ Navarro Says

The dramatic increase in India’s buying of Russian oil since the invasion of Ukraine is “opportunistic and deeply corrosive” of a global effort to isolate the Kremlin and curb Vladimir Putin’s war machine, White House trade adviser Peter Navarro wrote in the Financial Times.

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5 h. ago Trump Trade Adviser Navarro Slams India for Buying Russian Oil

The dramatic increase in India’s purchases of Russian oil since the invasion of Ukraine is “opportunistic and deeply corrosive” of a global effort to isolate the Kremlin and curb Vladimir Putin’s war machine, White House trade adviser Peter Navarro wrote in the Financial Times.

Economics

1 week ago China Is Key to Displaced Russian Oil’s Impact on Global Prices

Washington’s efforts to choke Russian oil flows to India are raising the question of what will happen to the millions of barrels a day that would otherwise have been headed to the subcontinent.

Economics

1 week ago How India ended up facing steep US tariffs despite its strategic partnership

NEW DELHI (AP) — U.S. President Donald Trump has vowed additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%. India has called the additional tariffs “unfortunate.” Trump’s Wednesday announcement came as India and the U.S. are still negotiating a […]

Economics

1 week ago Trump’s Punitive India Tariff Spoils Modi’s Russian Oil Math

A US decision to double tariffs on Indian goods as punishment for ongoing purchases of Russian crude leaves the world’s third-largest oil consumer in a tight spot and its refiners in disarray, but the move is unlikely to prompt a radical rethink in New Delhi.

Economics

1 week ago US Weighs Options for Penalizing Russia Beyond India Tariffs

President Donald Trump’s additional 25% tariff on India for its purchases of Russian oil could be just the first shot he aims at Moscow’s energy revenues ahead of a Friday deadline, as the US weighs options to get President Vladimir Putin to end the war against Ukraine.

Economics

1 week ago Trump imposes additional 25% tariff on India over Russian oil purchase

U.S.-India ties are facing their most serious crisis in years after talks between the two countries failed to produce a trade agreement.

Economics

1 week ago Trump pressures China and India to stop buying cheap Russian oil

U.S. President Donald Trump is pushing China and India to stop buying oil from Russia and helping fund the Kremlin’s war against Ukraine. Trump is raising the issue as he seeks to press Russian President Vladimir Putin to agree to a ceasefire. But cheap Russian oil benefits refiners in those countries as well as meeting […]

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1 week ago Oil Holds Drop as Trump Threatens India for Taking Russian Crude

Oil steadied after a three-day drop as investors weighed risks to Russian supplies, with US President Donald Trump stepping up his threat to penalize India for buying Moscow’s crude.

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1 week ago Oil Steadies as Trump Threatens India for Taking Russian Crude

Oil steadied, after a three-day drop, as investors weighed the impact of risks to Russian supplies, with US President Donald Trump stepping up his threat to penalize India for buying Moscow’s crude.

Events

1 week ago Trump says India to face higher tariff for its purchase of Russian oil

Trump last week said he would impose a 25 per cent tariff on goods imported from India and added that the world's fifth-largest economy would also face an unspecified penalty.

Economics

2 w. ago India Hasn’t Given Refiners Directions Not to Buy Russian Oil

India hasn’t given the country’s oil refiners instructions to stop buying Russian oil, according to people familiar, as officials grapple with meeting energy needs and maintaining ties with Moscow without further angering US President Donald Trump.

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