The Times of India

Europe financing war against themselves: India-EU FTA, mother of all trade deals, draws US ire

US treasury secretary Scott Bessent targeted the India-EU trade deal, alleging Europe indirectly funds Russia's war by buying refined oil from India, which originates from Russian crude. He pointed out what he called burden-sharing imbalance, contrasting with US tariffs on India for similar trade. The deal aims for broad tariff reductions on goods and services.