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Trump Threatens Tariffs on Buyers of Russian Oil

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ET Now |
Since the start of the Ukraine-Russia conflict in 2022, India’s reliance on Russian oil imports has only increased. The country even became a big source for India, hitting a high of around 40 per cent...
Reuters |
China and India are the major buyers of Russian crude, and their reaction would be crucial to making any secondary sanctions package seriously hurt the world's second-largest oil exporter.
BBC |
In the early hours of Sunday, Russia carried out six separate strikes on Kharkiv, killing two people and injuring 25.

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Know how much oil India imports as Trump threatens 25% tariff on buying oil from Russia - DECODED
Since the start of the Ukraine-Russia conflict in 2022, India’s reliance on Russian oil imports has only increased. The country even became a big source for India, hitting a high of around 40 per cent of our total oil imports.
China and India to face brunt of Trump tariff threat against Russian oil buyers
Very angry’ Trump says he will punish all buyers of Russian oil if he believes Putin is scuppering a ceasefire deal on Ukraine
Trump's Russia oil tariff threat depends on China, India reaction: Russell
President Donald Trump has threatened to impose secondary tariffs on buyers of Russian crude oil, aiming for a ceasefire in Ukraine. Reactions from Russia, India, and China are critical, with significant implications for their energy situations and market dynamics involving OPEC+ members.
Trump's Russian oil tariff threat doesn't faze traders who suspect it's a bluff
U.S. President Donald Trump's threat to hit buyers of Russian oil with tariffs had a limited impact on oil markets on Monday, as traders tried to determine how far the White House could go after Chinese and Indian oil importers.
Kremlin says it's working on Ukraine peace after Trump says he's 'pissed off' with Putin
The Kremlin said on Monday that Russia and the United States were working on ideas for a possible peace settlement in Ukraine and on building bilateral ties despite U.S. President Donald Trump saying that he was pissed off with Vladimir Putin.
Oil prices climb 2% to five-week high on Russia, Iran supply worries
Oil prices climbed about 2% to a five-week high on Monday on worries supplies could decline if U.S. President Donald Trump follows through on threats to impose more tariffs on Russia and to possibly attack Iran.
Russia says 'work ongoing' with US after Trump says he is 'angry' with Putin
The Kremlin says Putin is open to speaking to Trump, after he threatened US tariffs on Russian oil over stalled Ukraine ceasefire talks.
'Pissed off' at Putin, Trump threatens tariffs on Russian oil if Moscow blocks Ukraine deal
Trump said he was very angry after Putin last week criticized the credibility of Ukrainian President Volodymyr Zelenskiy's leadership.
Trump 'very angry' with Putin over ceasefire talks, as strikes continue on Ukraine
Trump says if Russia won't reach a deal in Ukraine, he will impose secondary tariffs "on all oil coming out of Russia".
India’s crude oil imports hit record high in March
India's crude oil imports hit record high in March 2025, driven by strong demand and discounted Russian barrels.
India's Reliance to stop buying Venezuelan oil over US tariffs, sources say
India's Reliance Industries , operator of the world's biggest refining complex, will halt Venezuelan oil imports after the United States announced a 25% tariff on nations buying crude from the South American nation,
India’s oil import dependency on course to hit fresh full-year high in FY25 amid growing demand, stagnant domestic production
Growing demand for fuel and other petroleum products amid stagnant domestic crude oil output led India’s reliance on imported crude oil increasing to over 88 per cent in the first 11 months of the current financial year ending March (FY25),
India crude imports hit record on Russian rebound, US oil, price dip
Overall crude oil imports will increase in 2025-26 fiscal as Hindustan Petroleum starts a new 180,000 bpd refinery at Barmer
Is India firmly positioned to manage U.S. sanctions on Russian oil?
Trump threatens Russia with oil sanctions, impacting global supply and India's reliance on imports, as Russia's share declines.
The Pioneer1dOpinion
India’s oil hunt expands with new discoveries
With new oil and gas exploration projects underway in Bihar’s Samastipur and Uttar Pradesh’s Ballia, the region could emerge as a game changer for India’s energy security India, heavily reliant on imports for 87 per cent of its oil needs,
Exclusive: India denies entry to ship carrying Russian oil over documentation, sources say
Indian port authorities denied entry to an ageing tanker loaded with Russian crude on Thursday due to inadequate documentation, sources familiar with the matter said, an unusual move that indicates tightened scrutiny of vessels carrying Russian oil.
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