Donald Trump tariffs: How much will India’s fuel bill rise if it stops Russian crude oil imports & where would it buy from? Explained
Friday, 8 August 2025 () India faces a potential $9-12 billion increase in crude oil import expenses if it halts Russian oil purchases due to potential tariffs. While India has diversified its oil sources, Russian oil accounts for a significant portion of its imports. Trump's tariffs aim to pressure Russia over the Ukraine war, creating a complex situation for India's energy security and trade relations.
President Donald Trump dropped a major geopolitical bombshell, revealing that “very good talks” were held with Russian President Vladimir Putin, and strongly hinting that peace talks between Russia and Ukraine may be imminent. Speaking optimistically, Trump said there's “a very good chance”...
Russia and Ukraine exchanged massive overnight drone attacks just days before the planned Trump-Putin peace summit in Alaska. Ukraine’s air force reported Russia launched 100 drones, 70 of which were..
Ukraine’s President Volodymyr Zelensky has reportedly not been invited to the upcoming Trump–Putin peace summit in Alaska on August 15, raising concerns of a diplomatic sidelining. White House..
Just days before Donald Trump’s planned high-stakes meeting with Vladimir Putin, European allies have thrown a wrench into his peace plan. Leaders of the UK, France, Germany, Italy, Poland, Finland,..
Following US tariffs on Indian exports due to trade ties with Russia, state-owned refiners like IOCL, BPCL, HPCL, and MRPL have reportedly ceased spot market... IndiaTimes
US President Donald Trump threatened to substantially raise tariffs on Indian goods to penalize India for its continued imports of discounted Russian oil,... Zee News
Donald Trump's doubled tariffs on India, targeting its Russian oil trade, aim to pressure Putin on the Ukraine war. India faces a complex balancing act between... IndiaTimes
Friday, 8 August 2025 ()
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