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The Economic Times

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India must not let energy security become a US trade weapon, warns GTRI

According to a warning from a US think tank, Indian goods could face tariffs as high as 100%. This move may compel India to significantly limit its imports of oil from Russia. The recent US legislation permits tariffs on principal buyers of Russian energy, highlighting India's growing reliance on Russian crude since 2022. The think tank recommends prioritizing energy security over achieving trade advantages.

17 Sep 2026 1:47 pm