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‘Curb Russia oil imports’: US tells India – Crude buy key factor in reducing tariffs, sealing trade deal

US trade representatives emphasised to their Indian colleagues that addressing the Russian oil issue was essential. (AI image) India-US trade deal is contingent on India curbing its Russian crude oil imports, US trade negotiators have reportedly told Indian officials. Trade officials from the United States have informed India’s negotiators that a curb in Russian oil…

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Reducing Russian crude imports: India wants US to allow oil from Iran, Venezuela; 25% penal tariffs in focus

Since the Russia-Ukraine conflict began in 2022, India has significantly increased its crude oil imports from Russia. (AI image) India, faced with 25% additional penal tariffs for its crude trade with Russia, has reportedly asked the US to allow oil imports from Iran and Venezuela.Following international sanctions due to the Ukraine conflict, Russia began offering…

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Asian markets drop as Trump unveils new tariffs: Pharmaceutical and Biotech stocks hit; oil, gold prices climb

Asian markets opened cautiously on Friday after US President Donald Trump announced a fresh set of tariffs, while investors lowered expectations for significant Federal Reserve interest rate cuts following stronger-than-anticipated economic data.Trump revealed plans to levy a 100% tariff on imported branded pharmaceuticals, 25% on heavy-duty trucks, and 50% on kitchen cabinets. He also said…

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‘Double standards evident’: EAM Jaishankar takes a shot at US over Russian oil; sends big message on terror | India News

External affairs minister S Jaishankar (PTI photo) NEW DELHI: External affairs minister S Jaishankar on Thursday delivered a pointed message on global conflicts, terrorism and took a veiled swipe at the United States over its stance on Russian oil while stressing the urgency of multilateral reforms.Addressing the G20 Foreign Ministers’ meeting, Jaishankar called out the…

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Trump-Erdogan meeting: US prez asks Turkey to stop buying Russian oil; F-35 jet deal on agenda

United States President Donald Trump on Thursday urged Turkish counterpart Recep Tayyip Erdogan to stop buying Russian oil to push Moscow to end the war in Ukraine.“I would like to have him stop buying any oil from Russia while Russia continues this rampage against Ukraine. And they’ve been fighting and lost millions of lives already,…

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‘We don’t want to punish India’: American energy sec says New Delhi doesn’t need to buy Russian oil; gives this solution

US energy secretary Chris Wright on Wednesday urged India to reconsider its imports of Russian oil, saying that the country has plenty of alternative sources. Speaking to ANI, he alleged that buying Russian oil indirectly funds ongoing atrocities in Ukraine, while highlighting the potential for stronger energy and trade cooperation between the US and India.“There…

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‘Forcing world to buy American oil’: Russia reacts to Trump’s ‘paper tiger’ jibe; calls him a ‘businessman’

Donald Trump, Vladimir Putin Russia on Wednesday described US President Donald Trump as a businessman for his handling of global energy markets amid the ongoing Russia-Ukraine conflict. “Trump is a businessman, and he is trying to force world to buy American oil and gas at higher price,” the Kremlin said. The response came after Trump…

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‘Have to do everything not to …’: Zelenskyy’s measured message on India buying Russian oil; hopeful after meeting Trump

Volodymyr Zelenskyy (left), PM Narendra Modi (PTI) Ukrainian President Volodymyr Zelenskyy has expressed hope that stronger diplomatic engagement between India and the West could prompt New Delhi to reconsider its energy imports from Russia. In an interview with Fox News, Zelenskyy underscored the need to keep India aligned with the Western bloc amid the ongoing…

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