The Economic Times

India's $40.8 billion Russian crude imports put it in Trump's 100% tariff line of fire

The US is considering imposing tariffs on significant purchasers of Russian energy, which puts India's considerable imports of Russian crude at risk of sanctions. This development unfolds as India engages in negotiations for a bilateral trade agreement with the US. The looming tariffs threaten to disrupt global trade, adversely affecting Indian exporters while India continues to seek cost-effective energy solutions for its population.