None
EN
Peter Navarro: Trump, Modi will resolve Russian oil tariff row
['Nayana Ashok']
GG2
The US Senate passed a bill that could authorize tariffs of up to 100% on major buyers of Russian energy.
The proposed measures could allow the United States to impose tariffs of up to 100% on countries that continue purchasing Russian oil and gas.
Why Russian Oil Is Important to IndiaIndia’s purchases of Russian crude increased sharply after Russia invaded Ukraine in 2022.
The issue has consequently become an important point of tension as the United States considers additional economic measures against countries purchasing Russian energy.
Trump, Modi Face Russian Oil Tariff QuestionThe proposed US tariff legislation places renewed attention on India’s continued purchases of Russian crude and the broader economic relationship between New Delhi and Washington.