US Treasury Secretary Says India Stopped Buying Russian Oil After Trump's Tariffs

US Treasury Secretary Scott Bessent stated that India has stopped buying Russian oil following a 25 percent tariff imposed by former President Donald Trump. He noted that Trump does not require Senate approval to impose tariffs up to 500 percent on countries purchasing Russian oil, though a Russia Sanctions Bill proposing such tariffs is pending in the Senate. Bessent criticized Europe and China for continuing to buy Russian oil, emphasizing that the proposed steep tariffs primarily target China. India has defended its energy choices based on market conditions and affordability.