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India remains defiant in face of US threats, set to buy more Russian oil in September

DNA Thursday, 28 August 2025 ()
Russian oil has not been banned yet. It can be bought with a price cap of $60 per barrel. India is set to buy more Russian oil in September, notwithstanding 25% punitive tariffs for purchasing crude oil from Russia.
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News video: India Defies U.S Tariffs As Modi Refuses To Curb Russian Crude Imports | Trade War Escalates

India Defies U.S Tariffs As Modi Refuses To Curb Russian Crude Imports | Trade War Escalates 03:15

 Washington’s high-stakes pressure campaign against India has backfired. Despite unprecedented tariffs and repeated threats over Russian oil imports, Prime Minister Narendra Modi has refused to bend. Russian crude still accounts for nearly one-third of India’s imports, and refiners show no signs...

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