100% tariffs: Why India may ignore Trump threat and continue buying Russian crude oil

Aug 6, 2026 - 15:30
100% tariffs: Why India may ignore Trump threat and continue buying Russian crude oil

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A year since the whole penal tariff cycle began - India now faces uncertainty related to its Russian crude purchases. A new Russia related sanctions bill in the US may see the light of the day if passed this year implying that Trump would have the power to impose tariffs on India again.

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