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  Russia further slashes oil prices for India; discount now widens to USD 4 amid US tariffs

  World | September 02, 2025 19:07 IST

  The US initially announced 25 per cent levies on India but later hiked them to 50 per cent, asserting that it was a penalty on New Delhi for fuelling the Ukraine war by buying oil from Russia.

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  Trump aide calls India a 'bad actor' over Russian oil, scoffs at SCO Summit

  World | September 02, 2025 10:21 IST

  US Treasury Secretary Scott Bessent downplayed the significance of Indian Prime Minister Narendra Modi’s recent meeting with Russian President Vladimir Putin and Chinese President Xi Jinping at the Shanghai Cooperation Organisation (SCO) summit.

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  Trump considering new sanctions on Russia as Ukraine peace deadline passes without progress

  World | September 02, 2025 9:23 IST

  US Treasury Secretary hinted that the Trump administration is considering new sanctions against Russia over its ongoing war in Ukraine.

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  'Putin's war machine': Trump aide Peter Navarro defends tariffs with 'India-Russia oil maths' jibe

  World | August 29, 2025 9:46 IST

  In a series of 'X' posts, White House trade adviser Peter Navarro explained how the India-Russia oil mathematics works, saying New Delhi is using dollars to buy discounted Russian crude. He said American consumers buy Indian goods while India keeps out US exports through high tariffs barriers.

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  Trump's India tariffs 'aggressive leverage' to force Russia to stop war: US Vice President JD Vance

  World | August 25, 2025 6:35 IST

  Trump doubled tariffs on Indian goods to a whopping 50 per cent, including a 25 per cent additional duty for India's purchase of Russian crude oil.

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  Nikki Haley asks India to hold serious discussion with US to dissolve contention over Russian oil

  India | August 24, 2025 9:24 IST

  Earlier, she warned Trump against strained ties with India, listing several points why New Delhi was important for the US. Haley said India was a 'prized free and democratic partner' to counter China. She said 'scuttling 25 years of momentum' with New Delhi would amount to a 'strategic disaster.'

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  Jaishankar's message to US: 'India not the biggest purchaser, EU and China trade more with Russia'

  World | August 21, 2025 23:54 IST

  EAM Jaishankar pointed out what he saw as inconsistencies in Western arguments, noting that the United States had, in fact, encouraged countries like India in recent years to help stabilise the global energy market- a call that also included purchasing oil from Russia.

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  Russia says 5% discount on oil to India is subject to negotiation amid Trump’s tariff tensions

  World | August 20, 2025 23:45 IST

  Evgeniy Griva, Russia’s deputy trade representative to India, stated that future supplies would carry an agreed reduction, saying, “There will be a 5% discount, subject to negotiation, on Russian crude oil purchases to India."

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  India welcomes Trump-Putin Alaska meet, calls leadership 'commendable'

  World | August 16, 2025 17:06 IST

  India on Saturday welcomed US President Donald Trump and Russian President Vladimir Putin’s Alaska Summit.

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  Is Trump rethinking tariff imposition on India? Here’s what US President said after meeting Putin

  World | August 16, 2025 12:08 IST

  In an interview with Fox News, Donald Trump spoke on retaliatory tariffs for countries buying Russian oil. This comes after his meeting with Vladimir Putin in Alaska.

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  Trump imposes extra 25% tariff on India over Russian oil purchase, total tariff increases to 50%

  World | August 06, 2025 23:42 IST

  Notably, Trump signed a nine-section order while outlining the details of various aspects such as the background, the tariffs, the scope of duties and stacking, among others.

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  Nikki Haley on Trump's tariff threat over Russian oil: 'Don’t burn relationship with India'

  World | August 05, 2025 22:55 IST

  Haley, the former Governor of South Carolina, was the US Ambassador to the United Nations under Trump's first presidential term, becoming the first Indian-American to be appointed to a cabinet-level post in the US administration.

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  Russia slams US over tariffs amid rising trade tensions, hails cooperation among BRICS partners

  World | August 05, 2025 10:08 IST

  India on Monday responded to the "unjustified and unreasonable" targeting by the United States and the European Union over maintaining energy ties with Russia. India’s response came after President Trump threatened India to further hike tariffs for buying Russian oil.

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  'Not acceptable for India to...': Trump aide accuses New Delhi of financing Russia's war in Ukraine

  World | August 04, 2025 11:28 IST

  Trump's aide's statement came after India said that it will keep buying Russian oil. The decision to procure oil from Russia was taken after carefully considering factors including price, grade of crude, inventories, logistics and other economic factors.

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  India continues buying Russian oil despite Trump's tariff pressure, defends move amid uncertainties

  India | August 02, 2025 10:37 IST

  Back in March 2022, when there were concerns that Russian oil might be banned or removed from the global market (due to the Ukraine war), it caused a lot of panic. Global oil prices shot up sharply, with Brent crude oil reaching $137 per barrel.

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  'India no longer buying oil from Russia...': Trump calls it 'good step' amid tariff dispute | Video

  World | August 02, 2025 6:42 IST

  India, the world's third-largest oil importer, has been a key buyer of discounted Russian oil since Western sanctions were imposed on Moscow in 2022.

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  Trump vows secondary tariffs on countries that buy Russian oil: Who is buying Russia's fossil fuels?

  Explainers | July 15, 2025 14:08 IST

  China has bought 47% of Russia’s crude exports, followed by India (38%), the EU (6%), and Turkiye (6%). Turkiye, the largest buyer, has purchased 26% of Russia’s oil product exports, followed by China (13%) and Brazil (12%).

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  'Not dictating...': US officials say they haven't asked India to reduce purchase of Russian oil

  World | April 04, 2024 17:45 IST

  Two senior officials from the US Department of Treasury have arrived in India to urge New Delhi to maintain the implementation of the oil price cap aimed at limiting profits to Russia. The G7 nations, the European Union, and Australia jointly implemented a price cap after the Ukraine war began.

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  US treasury officials to urge Indian govt to maintain implementation of Russian oil price cap

  World | April 04, 2024 7:36 IST

  In 2023, Russia had emerged as India's top oil supplier. India has strong economic and defence ties with Russia and has refrained from criticising Moscow over its war with Ukraine.

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  Advised West to mind their own business....: Russia FM on 'friend' Jaishankar | WATCH

  World | March 05, 2024 12:32 IST

  Jaishankar recently said relations between India and Russia have always been stable and friendly and defended India's decision to import Russian oil in the outbreak of the Ukraine conflict. Lavrov compared Jaishankar's defence as "national dignity".