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Trump raises India tariff to 50% over Russia oil purchase

Trump threatens 50% tariffs on India for buying Russian oil

India, which now faces among the highest tariff rates imposed by the US, called the levy "unjustified and unreasonable".

Trump admin live updates: Trump hits India with more tariffs over Russian oil imports

President Donald Trump is hitting India with an additional 25% tariff over its imports of Russian oil, the White House said on Wednesday. "I find that the Government of India is currently directly or indirectly importing Russian Federation oil," Trump said in an executive order.

The New York Times · 1h

Trump to Double India’s Tariff as Punishment for Buying Russian Oil

Tariffs on Indian exports to the United States will surge to 50 percent by late August, as part of an effort by President Trump to pressure Russia into resolving its war in Ukraine.

5h

Russian oil exports will rise after drone strikes shut refineries, sources say

Russia plans to increase exports from its western ports to nearly two million barrels per day in August, about 200,000 bpd ...

2don MSN

A shadowy fleet of ‘ghost ships’ is ferrying Russian oil to Indian ports

Beijing and New Delhi continue to defy U.S. sanctions on Russian crude, much of which is funneled through a growing fleet of ...

2d

Ukraine drone attack sparks fire at Sochi oil depot, Russian authorities say

Early on Sunday a massive oil depot fire was raging near Russia's Black Sea resort of Sochi - blamed by the Russian ...

7hon MSN

Russia's Lukoil sets up a new oil trading arm in Dubai, sources say

DMCC, a trading arm of Russia's Lukoil, is shifting its business to a newly-created Dubai-based entity, four sources familiar ...

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