Trump’s 25% additional tariffs loom: Indian refiners delay orders for Russian crude oil; take cautious approach
Tuesday, 19 August 2025 () Indian refiners are cautiously delaying September Russian oil orders, awaiting clarity on Trump's proposed 25% penalty linked to oil purchases. Officials fear a sudden shift away from Russian supplies, which constitute 35% of India's crude needs, could tighten the global market and potentially drive up oil prices.
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..
A visible rift between the U.S. and Europe emerged as President Trump skipped the welcome for top EU leaders, leaving Ursula von der Leyen, Emmanuel Macron, Keir Starmer, and NATO’s Mark Rutte..
At White House Meeting, German Chancellor Friedrich Merz urged Donald Trump to press Russia for a ceasefire, stressing it must be agreed on “by the next meeting.” Merz said he cannot imagine..