'US Shouldn't Punish India, Global Markets over Russian Oil': JPMorgan Chief Jamie Dimon
4 Articles
4 Articles
Indian refineries are preparing to scale back their purchases of Russian crude oil, Bloomberg reports. India fears 100 percent US tariffs now that US President Donald Trump signed a bill on September 18 allowing 100 percent tariffs on countries that import Russian energy when Russian supplies exceed 15 percent of their energy imports.
Don't end up punishing India: JPMorgan CEO asks US to rethink Russian oil tariffs
Jamie Dimon urged Washington to assess how Indian refiners use Russian crude after Donald Trump signed a law allowing steep tariffs on buyers of Russian energy. The remarks underscored concerns that any curbs could disrupt oil flows, affect prices and strain India-US economic ties.
JPMorgan Chase Chief Jamie Damon called on the U.S. authorities not to impose fines on India for purchasing Russian oil, noting that such... ~ 22.09.2026, PRIM
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
