SENSEX
NIFTY
GOLD
USD/INR

Weather

image 35    C

Economy News

The Economic Times

Economy / The Economic Times

details

100% tariff threat over Russian oil could roil India-US ties

A US bill proposes tariffs on countries buying Russian oil, potentially impacting India. This move could damage India-US relations, especially during trade deal talks. Europe receives concessions for Russian natural gas imports, creating a double standard. India's Russian crude imports have significantly increased recently. Such sanctions may prove counterproductive for US foreign policy objectives.

16 Jul 2026 12:37 am