U.S. trade adviser Peter Navarro launched a strong attack on India’s continued purchase of Russian oil. Speaking to reporters, he called India the “Maharaja of tariffs” and accused New Delhi of running a “profiteering scheme” at the cost of global stability. Navarro made it clear that

External Affairs Minister S. Jaishankar said he was “perplexed” by the U.S. decision to impose tariffs on India for continuing oil imports from Russia. He stressed that China remains the largest importer of Russian oil and the European Union is the biggest buyer of Russian LNG, while India’s share is far smaller. He also reminded […]

Russia’s five percent oil discount looks tempting on paper, but the numbers show why it cannot outweigh Donald Trump’s tariff barrage. Russia supplies about 1.5 million barrels per day to India — roughly 35 percent of our crude basket. At Brent levels of 66–70 dollars, the discount works out to 2.7–3.3 dollars per barrel. Multiply […]

China has secured 15 shipments of Russian Urals crude for delivery in October and November 2025. Each cargo is estimated to hold between 700,000 and 1 million barrels. The move comes as Indian refiners reduce their imports of Russian oil, leaving an opening for Chinese buyers to take advantage of discounted rates. India’s Import Decline […]

Peter Navarro, senior trade adviser to U.S. President Donald Trump, has warned India that it must behave like a genuine strategic partner if it wishes to be treated as one by Washington. Navarro criticized New Delhi’s decision to continue importing large volumes of discounted Russian crude oil, calling it “opportunistic” and inconsistent with the expectations […]

U.S. President Donald Trump suggested that the United States may not immediately impose secondary tariffs on India for continuing to purchase Russian crude oil, despite recent moves targeting Indian exports. He indicated that such a decision could change in the coming weeks. Trump Says India Is Out as Oil Client Trump remarked that Russia has […]

U.S. President Donald Trump said he does not currently plan to impose retaliatory tariffs on countries like China for purchasing Russian oil, though he may revisit the issue in “two or three weeks.” The comment followed a summit with Russian President Vladimir Putin in Anchorage, Alaska, where Trump described the meeting as positive overall. While […]

Indian Oil Corporation (IOC) has confirmed that it will continue importing Russian crude, stressing that the decision is based solely on commercial considerations, not political directives. No Change in Import Policy Chairman A.S. Sahney stated that IOC has not received any government orders to either stop or increase Russian oil purchases. He explained that the […]

The United States has announced a 50% tariff on Indian imports, targeting India’s continued purchase of Russian oil. The move, combining a 25% reciprocal duty with a 25% surcharge linked to oil imports, is intended to reduce Russia’s earnings from its key energy customer. Washington’s Strategy to Squeeze Moscow President Donald Trump said the tariff […]

India has strongly criticized the United States for imposing a 50% tariff on Indian exports, calling the move “unfair, unjustified and unreasonable.” The action follows President Donald Trump’s executive order introducing an additional 25% tariff on top of the existing 25%, citing India’s continued import of discounted Russian oil. The Ministry of