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Showing posts with the label India Russia

US Tariffs, India’s Oil Imports and the Putin-Trump Alaska Summit: A New Geopolitical Flashpoint

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Trump: “Russia Lost an Oil Client, Which is India” US President Donald Trump has escalated his criticism of India’s oil trade with Russia, linking it directly to his administration’s tariff and sanctions policy. In an interview with Fox News aboard Air Force One, Trump remarked that Russia had “lost an oil client, which is India,” highlighting New Delhi’s reduction of crude oil purchases from Moscow. He stated that India accounted for around 40% of Russia’s oil trade, but warned that the imposition of secondary sanctions could be “devastating” for Moscow. “If I have to do it, I’ll do it, maybe I won’t have to do it,” Trump said, suggesting that harsher economic penalties remain an option. US Tariffs on Indian Imports Trump’s remarks come on the heels of a sharp increase in tariffs on Indian imports. On August 7, the US imposed an additional 25% tariff , effectively raising the total duty to 50% on Indian goods . The White House justified this action on grounds of national securit...

India vs Pressure: Why New Delhi Is Not Backing Down on Russian Oil Amid Global Scrutiny

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Trump's 'Good Step' or Geopolitical Misunderstanding? Former U.S. President Donald Trump’s recent comments have reignited international debate on India’s energy policy. Speaking to the media, Trump claimed that India may be halting purchases of Russian oil , calling it “a good step”—a statement that echoed earlier assertions made by U.S. Secretary of State Marco Rubio. But India’s Ministry of External Affairs (MEA) responded swiftly, clarifying that no such decision has been made , and reaffirming that India’s energy procurement is guided by national interest and market dynamics . The Background: What's Driving the Noise? On July 31, media reports (including Reuters) claimed that Indian state-owned refineries had suspended Russian oil purchases in response to narrowing discounts and U.S. tariff threats . This fueled speculation in Washington and beyond, culminating in Trump’s Friday remarks. Yet, according to senior Indian officials, this narrative is misleading ...