oiltraders

Former U.S. President Donald Trump has sparked fresh global debate after warning that India must halt its imports of Russian crude oil, or face “massive tariffs” on exports to the United States. 🇺🇸⚠️
Trump claimed he recently spoke with Prime Minister Narendra Modi, saying Modi “promised he’s not going to be doing the Russian oil thing.” However, the Indian Ministry of External Affairs swiftly denied any such call, clarifying there was no recent communication between the two leaders. 🧐📞
India reaffirmed its stance, emphasizing that its energy imports are guided by domestic needs, price stability, and strategic autonomy — not external pressure. 🛢️💪
🔍 Why it matters:
India has become one of the largest buyers of Russian seaborne oil, often at discounted rates — a key factor in its inflation control strategy. Meanwhile, Washington continues to link energy trade with geopolitical pressure on Moscow. 🌍⚖️
With Trump tying nearly half of U.S. tariffs on Indian goods to its Russian oil purchases, tensions are set to rise. This could mark a new flashpoint in U.S.-India trade relations, testing economic and diplomatic resilience on both sides. ⚡📊
#India #TRUMP #TariffsUSA #OilTraders #Geopolitics #BİNANCESQUARE