Why no extra tariffs? US Secretary Marco Rubio defends US sparing China, Europe over buying Russian oil; warns sanctions risk global price surge
US State Secretary Marco Rubio has warned of potential energy price hikes if the US imposes secondary sanctions on China for processing Russian oil. This ...
‘Two or three weeks’: Trump on slapping China with Russian oil tariff
US President Donald Trump has indicated potential retaliatory tariffs on China for its Russian oil purchases, following similar actions against India. While immediate measures are ...
‘Maybe in 2 or 3 weeks’: Tariff relief in sight? What Donald Trump said on Russian oil buyers after meeting Putin
Following his meeting with Vladimir Putin in Alaska, US President Donald Trump mentioned potentially imposing tariffs on countries purchasing Russian oil in the coming weeks. ...
India’s exposure to Russian oil disruption limited to $5 billion; global economy faces major risk: Report
A Bank of Baroda report indicates India’s limited exposure to Russian oil export disruptions, estimating an additional $5 billion in annual import expenditure. While India ...
Fresh trouble for Russia-backed Nayara Energy! SBI stops trade & foreign currency transactions of Indian refinery; doesn’t want to risk US tariffs, EU curbs
State Bank of India has ceased trade and foreign currency dealings with Nayara Energy due to potential US sanctions, prioritizing compliance with international rules. This ...
‘China issue more complicated…’: After tariff on India, will Donald Trump impose additional duties on China for Russia oil trade? What JD Vance said
Donald Trump is considering tariffs on China for Russian oil imports. This follows a 25% tariff imposed on India for similar purchases. Vice President J ...
Policy dilemma: ‘We need to think hard’ on whether Russian oil imports are worth it; Nobel laureate Abhijit Banerjee links issue to US tariff removal
Nobel laureate Abhijit Banerjee suggests India reassess Russian oil imports due to increased US tariffs, potentially impacting $27 billion in exports. He proposes leveraging trade ...
Symbol of India-Russia ties takes a hard hit! How Russia-backed Indian refinery Nayara Energy is navigating a perfect storm – big hurdles challenge growth
Nayara Energy, formerly Essar Oil, faces significant challenges due to sanctions following EU’s sanctions on Russian ooil. These sanctions impact exports, shipping, and finances. While ...
India in crosshairs: Trump’s Russia oil tariffs- How it could make China great again
President Trump’s 50% tariff on Indian exports, triggered by continued Russian oil imports, risks unraveling US-India relations and pushing New Delhi closer to Moscow and ...
Donald Trump’s 25% additional tariff on India: What are ‘secondary tariffs’ and how do they differ from ‘secondary sanctions’? Explained
Donald Trump has announced a 25% ‘secondary tariff’ on Indian goods, effective August 27, to penalize India’s oil purchases from Russia. This aims to pressure ...
