A US Bill proposes 100% tariffs on major Russian oil buyers, directly impacting India and China
Punishing oil importers is unlikely to cut Russia’s revenues or bring an end to the Ukraine war
With the Strait of Hormuz disrupted, global oil supplies face fresh uncertainty and rising prices
India must secure affordable energy supplies. Russian oil imports reflect this need, not support for conflict
Ending wars requires negotiations, not trade penalties that could worsen global economic pressures
As trade talks with the US continue, India must safeguard its energy security and strategic priorities