New Delhi's representatives traveled to the US for talks after Washington imposed crushing tariffs on the country in punishment for its oil trade with Russia
The US treasury department has sanctioned two Indians and an online pharmacy for selling counterfeit fentanyl-laced pills, blocking their assets and warning of tough action on drug traffickers
The White House has imposed a cumulative 50 per cent tariffs on Indian goods, including a 25 per cent penalty for New Delhi buying Russian oil
The US government has sanctioned the wife of the Brazilian Supreme Court justice who led the investigation into former President Jair Bolsonaro, who was sentenced this month to 27 years in prison for attempting a coup in the South American nation. The Trump administration also revoked the US visa of another Brazilian official, Solicitor-General Jorge Messias, who criticized the decision on his social media channels. The wife of Justice Alexandre de Moraes, Viviane Barci de Moraes, was sanctioned under the Global Magnitsky Act used by the United States against human rights abusers. Her husband was targeted by the same measure as he oversaw the case against Bolsonaro. This is the latest chapter in a unilateral wave of attacks from the Trump administration against Brazil, which includes sanctions against other authorities and tariffs of 50% on many of the country's exports to the U.S. Local media also reported that other judges who worked with de Moraes at the Supreme Court had also l
The decision of the US government to revoke the 2018 sanctions waiver with regard to strategic Iranian port of Chabahar will have implications for India, which is engaged in the development of a terminal at the port. The US Department of State in a statement said that in consistent with President Trump's maximum pressure policy to isolate the Iranian regime, it has revoked the sanctions exception issued in 2018 under the Iran Freedom and Counter-Proliferation Act (IFCA) for Afghanistan reconstruction assistance and economic development, effective September 29, 2025. "Once the revocation is effective, persons who operate the Chabahar Port or engage in other activities described in IFCA may expose themselves to sanctions under IFCA," the statement said. India will be impacted by this decision, as it is involved in development of a terminal at the Chabahar port on the Gulf of Oman. On May 13, 2024, India signed a 10-year contract to operate the port that will help it expand trade with
The move to block sanctioned vessels comes amid heightened scrutiny of global shipping, driven by US tariffs on Russian crude and the ongoing Russia-Ukraine war
US Treasury Secretary Scott Bessent on Sunday said that the Russian economy will collapse if Washington and the European Union impose more secondary sanctions on countries that buy crude oil from Moscow. Bessent, in an interview to NBC News, said that President Donald Trump and Vice President J D Vance had a very productive call with President of the European Commission Ursula von der Leyen, who followed up with a call with him on Friday and they discussed what the US and European Union (EU) could do to put more pressure on Russia. The Trump administration has imposed an additional 25 per cent tariff on India for its purchases of Russian oil on top of the 25 per cent reciprocal tariffs announced earlier, bringing the total duties imposed on New Delhi to 50 per cent, with effect from August 27. The treasury secretary said the US is prepared to increase pressure on Russia, but we need our European partners to follow us. We are in a race now between how long can the Ukrainian military
The Trump administration has told the US Supreme Court that it imposed tariffs against India for purchasing Russian energy products "to deal with a preexisting national emergency regarding Russia's war in Ukraine and as a "crucial aspect" of the President's push for peace in the country. Trump has imposed 25 per cent reciprocal tariffs on India and an additional 25 per cent levies for Delhi's purchases of Russian oil, bringing the total duties imposed on India to 50 per cent, with effect from August 27. In a 251-page appeal to the Supreme Court, submitted Wednesday, the Trump administration said that the President recently authorised IEEPA (International Emergency Economic Powers Act) tariffs against India for purchasing Russian energy products, to deal with a preexisting national emergency regarding Russia's war in Ukraine, as a crucial aspect of his push for peace in that war-torn country. The appeal further states that the stakes in this case could not be higher. The President an
The private refiner, majority-owned by Russian companies including Rosneft, was sanctioned by the EU last month as part of a package targeting entities linked to Russian oil
State Bank of India (SBI) stops Nayara Energy's overseas transactions to avoid possible US and EU sanctions linked to Russian ownership, as banks grow cautious
State-run refiners are covered for deliveries of crude oil in September even if Russian oil flows cease, a senior trader at a state refiner said. Another trader said they are mostly covered
Oil prices hit five-week lows as markets await US sanctions decision on Russia. Tariffs on India, crude inventory draw, and Opec+ supply plans also influence Brent and WTI price movements
US President Donald Trump has imposed an additional 25% tariff on Indian goods, citing India's continued import of Russian oil, effective August 27
More tankers are poised to discharge another 2.2 million barrels of Urals in the coming hours
Trump Sanctions On Russian oil puts the squeeze on India's Biggest Crude Supplier
Unilateral and economic sanctions imposed by the US and the European Union lead to a substantial increase in mortality that disproportionately hurts children younger than five years old
The "Government of India considers the provision of energy security a responsibility of paramount importance to meet the basic needs of its citizens," said MEA
Without providing details, Trump said that the levies on Russia would come in the form of secondary tariffs
Thousands of North Korean workers have been posing as nationals from other countries to infiltrate companies in the US and around the world, said the US government
I'm not happy with him, I can tell you that much right now. This is killing a lot of people, Trump said of Putin during a meeting with his Cabinet