August 04, 2025
India has said it will continue purchasing Russian oil, despite US President Donald Trump announcing a 25% tariff and threatening an “unspecified penalty” for doing so last week. New Delhi has ramped up its purchases of discounted Russian crude since US and European sanctions against Moscow took effect in 2022 over the Kremlin’s invasion of Ukraine. But those imports are now in Washington’s crosshairs as Putin continues to ignore Donald Trump’s demands for peace talks with Kyiv. Officials in Delhi defended their position – citing the country’s energy needs – but White House Deputy Chief of Staff Stephen Miller accused India of “financing” Russia’s war in Ukraine. Here’s a look at how important India’s purchases of Russian oil are for both countries.
More For You
As America celebrates 250 years, Bank of America is proud to honor our shared history. Discover our commitment.
Most Popular
- YouTube
In his latest Quick Take, Ian Bremmer examines the stability of US-China relations and why he believes the period of relative calm between the two countries may be coming to an end.
President Donald Trump welcomes Israeli Prime Minister Benjamin Netanyahu to the White House for bilateral talks in Washington, D.C., United States, on April 7, 2025.
Andrew Leyden/NurPhoto
Netanyahu said Israel won’t pull back from Gaza until Hamas gives up its weapons—a nonstarter for Hamas, which insists it won’t disarm until Israel withdraws first.
Artificial intelligence now contributes to more than half of cybercrime in Africa
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.
