Why no extra tariffs? US Secretary Marco Rubio defends US sparing China, Europe over buying Russian oil; warns sanctions risk global price surge
Monday, 18 August 2025 () US State Secretary Marco Rubio has warned of potential energy price hikes if the US imposes secondary sanctions on China for processing Russian oil. This comes amid concerns over the US's approach, with tariffs on India for similar purchases. Rubio highlighted that China refines Russian oil and sells it globally, impacting prices.
The White House shifted its language on India, with Press Secretary Leavitt describing Trump’s 50% tariffs as “sanctions.” She said the measures are punitive and aimed at pressuring Russia by targeting importers like India and Brazil—while notably excluding China. Treasury Secretary Scott...
Amid growing U.S. pressure over India’s purchases of Russian oil, Moscow has offered India a 5% discount to soften the impact of American tariffs. Russian diplomat Roman Babushkin criticized the U.S...
Donald Trump sparked global outrage after praising Israeli Prime Minister Benjamin Netanyahu as a “war hero,” despite the ICC issuing an arrest warrant for alleged war crimes in Gaza. In an..
As Donald Trump pushes for a three-way peace meeting with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky, French President Emmanuel Macron is calling for Europe to be..
US Secretary of State Marco Rubio has clarified why Washington has refrained from imposing secondary sanctions on China, Russia’s largest oil buyer, even as... Zee News
Monday, 18 August 2025 ()
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