Trump’s 50% tariffs: Indian refiners may trim Russian crude purchases; but India signals no plans to stop Russia oil trade
Tuesday, 26 August 2025 () Indian refiners plan to slightly decrease Russian crude oil imports in the coming weeks. While maintaining energy ties with Moscow, projected purchases will fall from 1.8 million barrels per day to between 1.4 and 1.6 million. The US has criticized India's increased reliance on Russian oil.
Russian President Vladimir Putin is set to visit China for the high-stakes SCO Summit, marking his longest foreign trip since 2014. The summit highlights Moscow and Beijing’s growing partnership amid rising global tensions and U.S. tariff disputes. With trade between the two powers hitting $245...
Donald Trump has once again spoken about his tough conversations with Prime Minister Narendra Modi — this time against the backdrop of India’s Russian oil imports, U.S. tariff tensions, and..
Russian President Vladimir Putin delivered a secret message to Chinese President Xi Jinping through State Duma Chairman Vyacheslav Volodin in Beijing, signaling closer coordination ahead of Putin’s..
A German daily, Frankfurter Allgemeine Zeitung (FAZ), has claimed that Donald Trump tried calling PM Narendra Modi four times after imposing a 50% tariff on Indian goods—yet Modi never picked up. The..
Despite US tariffs, Indian refineries are maintaining Russian oil imports, prioritizing national interests in ongoing trade discussions. Government officials and... IndiaTimes
Since early 2022, India's Russian oil purchases have reached ₹132 billion, constituting 20% of Russia's oil export earnings. While China leads in overall... IndiaTimes
US tariffs on Indian goods have doubled to 50% due to Russian oil purchases, impacting $47-48 billion in exports. Indian industries face cost disadvantages... IndiaTimes
Tuesday, 26 August 2025 ()
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