Tuesday, 1 July 2025 () India has more than doubled its crude oil imports from the United States since the start of this year as it seeks to avoid devastating tariffs under President Donald Trump’s plan to “fix” trade imbalances with foreign partners. The FT reported today, citing official data, that India had reduced purchases of Russian, Saudi, and Iraqi oil by as much as 70% in the first four months of the year, while imports from the U.S. rose by 120%. Still, Russia remains India’s biggest oil supplier, followed by Iraq and Saudi Arabia, with…
European Commission President Ursula von der Leyen reminded Donald Trump that the EU remains open for a trade deal—but the U.S. President made it clear: China and India come first. Speaking after..
Speaking at the ‘Big Beautiful Event’ at the White House, Donald Trump hinted at a “very big” trade deal with India, weeks after high-level bilateral talks concluded in Washington. The..
U.S. President Donald Trump broke his silence on the Strait of Hormuz crisis with an explosive post on Truth Social, urging oil producers to "KEEP OIL PRICES DOWN" and warning that they’re “playing..
Tuesday, 1 July 2025 ()
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