... sectors. Washington Doubles Tariffs for India on Russian Oil Trade The United States has sharply intensified pressure on India, the second-largest global market for Russian oil. On August 6, President Donald Trump signed an order imposing additional 25% import duties on goods from India, justifying this move by New Delhi's continued purchases of energy from Russia. These new tariffs are added on top of existing ones, resulting in a total U.S. tariff rate for Indian exports being doubled from 25% to 50%. According to the document, the increase will take effect in 21 days. Previously, Trump threatened "three-digit" ...

... addition to the deal with the EU, the US is pursuing an active external energy policy . In recent weeks, Washington has also concluded trade agreements with several Asian countries (Japan, Indonesia, the Philippines) and is seeking an extension of the tariff truce with China while limiting oil imports from Russia and Iran. All these initiatives aim to reshape global energy supply chains, strengthen the positions of American exporters, and further weaken Russia’s role in the global market. Together, geopolitical factors and new agreements ...

... 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 ...

... Washington Doubles Tariffs for India over Russian Oil Trade The United States has significantly intensified pressure on India, one of the largest global markets for Russian oil. On August 6, President Donald Trump signed an order to impose an additional 25% import tariff on goods from India, justifying it by New Delhi's continued purchases of Russian oil. The new tariffs are applied in addition to existing ones, doubling the total rate of U.S. tariffs on Indian exports from 25% to 50%. According to the document,...

... potential revenue growth for energy supply and generation companies, although the government is carefully monitoring to ensure that tariff policy does not drive overall inflation or impede economic growth. Geopolitics and Energy Resource Trade: Restructuring ... ... Bloomberg). Experts link this to rising trade tensions and Beijing's desire to diversify supply sources. China is increasing oil imports from Middle Eastern and African countries, as well as ramping up purchases of Russian crude, taking advantage of price ...