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India's Russian Oil Imports Hit Record Amid Fresh US Tariff Threats

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India has reached record levels of Russian crude oil imports, even as Western nations maintain sanctions against Moscow. A US sanctions waiver on Russian crude has now expired, raising the stakes for major importers like India. The Trump administration is pushing for a Russia sanctions bill that would grant the president authority to impose tariffs of up to 100% on countries buying the most Russian oil. This development puts India in a difficult position, as refined fuel processed from Russian crude is reportedly flowing to nations that are themselves sanctioning Russia.

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India's Russian Oil Imports Hit Record Amid Fresh US Tariff Threats · ShortSingh