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The Economic Times

Opinion / The Economic Times

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Why this Trump oil tariff is Zzz

A US Senate bill imposing tariffs on Russian oil buyers faces hurdles. India's energy supplies remain secure due to diversified import strategies. New Delhi has increased diplomatic efforts to secure alternative oil and gas sources. Traditional West Asian suppliers can easily meet India's short-haul tanker delivery needs. Long-term commitments can foster energy infrastructure investments in Africa and South America.

9 Aug 2026 11:35 pm