International

Jaishankar Questions U.S. Tariffs Over Russian Oil

By BPN News Desk August 22, 2025

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 […]

Expert Opinions Opinion

Eurasian Balancing Act: Cheap Russian Barrels, Costly U.S. Tariffs, and India’s Path to Real Autonomy

By BPN News Desk August 20, 2025

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 […]

International

China Buys 15 Russian Oil Cargoes as India Steps Back

By BPN News Desk August 20, 2025

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 […]

International

Navarro Warns India to Act Like a Strategic Partner

By BPN News Desk August 19, 2025

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 […]

International

Trump May Hold Off Tariffs on India Over Russian Oil

By BPN News Desk August 16, 2025

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 […]

International

Trump May Delay Tariffs on Russian Oil Buyers

By BPN News Desk August 16, 2025

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 […]

International

IOC Says No Pause on Russian Oil Despite US Tariffs

By BPN News Desk August 15, 2025

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 […]

International

US Tariff on India’s Imports Aimed at Hitting Russian Oil Revenue

By BPN News Desk August 12, 2025

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 […]

National

India Condemns 50% US Tariff Over Russian Oil Trade

By BPN News Desk August 6, 2025

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

International

Trump Imposes 50% Tariffs on India Over Russian Oil

By BPN News Desk August 6, 2025

U.S. President Donald Trump has imposed an additional 25% tariff on Indian goods, raising the total tariff level to 50%. The decision comes in response to India’s continued purchase of crude oil from Russia, which Trump claims is indirectly helping fund the war in Ukraine. India Accused of Profiting from Russian Oil Trump alleged that […]