Why Is the US Punishing India – But Not China – for Buying Russian Oil?
DMITROVSKY DISTRICT, MOSCOW OBLAST, AUG 11 – US tariffs impose a 50% duty on Indian purchases of Russian oil, significantly disrupting Moscow's economy ahead of Trump and Putin's scheduled Alaska meeting.
- On Monday, US President Donald Trump claimed that 50% duties on India’s purchases of Russian oil have significantly impacted Moscow’s economy.
- Targeting India, Trump pinpointed India’s energy purchases from Russia as a pressure point, describing it as one of Russia’s "largest or second-largest oil buyers."
- Industry figures show India received 1.6 million barrels per day of Russian oil last month, risking nearly 1% of its GDP this year.
- In response, the U.S. has warned China that ongoing Russian oil imports could lead to hefty tariffs, while India criticizes the move as 'unfair, unjustified and unreasonable.'
- Ahead of the talks, Trump confirmed, 'Well, we're going to have a meeting with Vladimir Putin. And at the end of that meeting, probably in the first two minutes, I'll know exactly whether or not a deal can be made.
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US tariffs on Indian oil imports from Russia a 'big blow' to Moscow: Trump
Trump has imposed 25 per cent reciprocal tariffs on India, along with an additional 25 per cent levy on its purchases of Russian oil, resulting in a total of 50
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Total News Sources27
Leaning Left3Leaning Right6Center4Last UpdatedBias Distribution46% Right
Bias Distribution
- 46% of the sources lean Right
46% Right
L 23%
C 31%
R 46%
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