India  
 
NewsR.in

India's import bill to skyrocket by USD 9-11 billion post US penalty on Russian oil; here's how

DNA Monday, 4 August 2025 ()
India's annual oil import bill could surge by USD 9-11 billion if the country is compelled to move away from Russian crude in response to US threats of additional tariffs or penalties on Indian exports, according to analysts.
0
shares		ShareTweetSavePostSend
 
Video Credit: Oneindia - Published
News video: Breaking: Trump HITS India With Additional 25% Tariffs; THREATENS All Countries Buying Russian Oil

Breaking: Trump HITS India With Additional 25% Tariffs; THREATENS All Countries Buying Russian Oil 03:19

 Trump has announced an additional 25% tariff on Indian goods, citing trade imbalances and strategic concerns. In a fiery statement, he also threatened to impose punitive measures on any country purchasing Russian oil, warning of “serious consequences” for defying U.S. sanctions. The move has...

You Might Like


Related videos from verified sources

BREAKING: Russia-Ukraine War to END? Putin meets Trump’s Envoy Witkoff as DEADLINE nears [Video]

BREAKING: Russia-Ukraine War to END? Putin meets Trump’s Envoy Witkoff as DEADLINE nears

Russian President Vladimir Putin has met with Trump’s special envoy Steve Witkoff at the Kremlin in a critical diplomatic push just days before Trump’s ceasefire deadline. The U.S. president has..

Credit: Oneindia     Duration: 03:11Published
Trump’s FLIP-FLOP Game Exposed! Denies ‘100%’ Penalty On India | India-Russia SLAMS Trump | Details [Video]

Trump’s FLIP-FLOP Game Exposed! Denies ‘100%’ Penalty On India | India-Russia SLAMS Trump | Details

In a fiery press conference, US President Donald Trump denied ever specifying a 100% tariff on countries importing oil from Russia — just days after threatening India for being Moscow’s top energy..

Credit: Oneindia     Duration: 03:18Published
Nikki Haley SLAMS Trump tariff threat to India over Russia| ‘Don't burn ties & give China free pass' [Video]

Nikki Haley SLAMS Trump tariff threat to India over Russia| ‘Don't burn ties & give China free pass'

Nikki Haley has sharply criticized Donald Trump’s proposed tariffs on Indian goods over New Delhi’s Russian oil purchases, calling the move "strategically dangerous." In a viral post on ‘X’,..

Credit: Oneindia     Duration: 03:14Published

Related news from verified sources

India faces $9–11 billion oil bill spike: Forced pivot from Russian crude after Trump's 'penalty' could hit margins- What analysts say

 Amidst potential US penalties and EU sanctions, India faces a complex challenge in its Russian oil trade. A shift away from discounted Russian crude could...
IndiaTimes

Trump tariffs: India under fire from US over Russian oil imports; China buys more but escapes criticism, says GTRI

 Amidst escalating trade tensions, a GTRI report challenges Donald Trump's criticism of India's Russian oil imports, highlighting China's larger role as the...
IndiaTimes