... 100%) tariffs on countries buying Russian oil, aiming to limit Moscow's revenues and hasten the conclusion of the conflict in Ukraine. In particular, India , the largest maritime purchaser of Russian oil, appears to be at risk. Already on August 1, the Trump administration imposed a 25% import tariff on certain Indian goods, justifying it with ongoing purchases of Russian oil and processing it into petroleum products for re-export. These steps raise uncertainty regarding the future fate of significant volumes of Russian exports—primarily ...

... in commercial oil stocks by about 3 million barrels over the last week, signaling robust demand and supporting the market. Second, investors are factoring in the potential for supply disruptions due to escalating sanctions: paradoxically, news of the tariffs imposed by Trump against India pushed oil prices higher, as the market anticipates a redistribution of oil flows and additional supply risks. Nevertheless, the price increase remains limited. One reason is OPEC+'s proactive stance, which has already been priced ...

... assessed the agreement. European Commission President Ursula von der Leyen stated that this pact would bring the much-needed stability and predictability for businesses in the EU and the US. The Chancellor of Germany welcomed the reduction of American tariffs, noting that the deal helped avoid escalation in trade relations. President Trump called the agreement one of the largest in history and an important victory for the American energy sector. In addition to the deal with the EU, the US is pursuing an active external energy policy . In recent weeks, Washington has also concluded ...

... serious challenges: IMF forecast points to recession risk According to the updated IMF forecast, the Eurozone economy will face a notable slowdown in growth in 2025, which may lead to a recession. The forecast does not take into account potential new tariffs from the Trump administration, which could exacerbate the situation. Key reasons for the slowdown: Weak domestic demand: High inflation continues to pressure purchasing power. Industrial decline: The manufacturing sector remains stagnant due to decreasing global ...

... the second-largest market for Russian oil — India . President Donald Trump stated his intention to significantly raise customs duties on Indian goods, citing ongoing purchases of Russian oil by New Delhi. Previously, the U.S. introduced a baseline tariff of 25%, which could be raised further within a day (by August 6). Trump expressed extreme dissatisfaction that India continues to import energy resources from Russia and even benefits by reselling them. Furthermore, Washington has not ruled out the possibility of introducing prohibitive tariffs of 100% and even 500% ...