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

US Treasury Secretary Scott Bessent claimed that India has stopped buying Russian oil following President Donald Trump's imposition of a 25 percent tariff on such imports. This assertion comes amid a proposed US Russia Sanctions Bill, supported by Senator Lindsey Graham, which could impose tariffs up to 500 percent on countries continuing to purchase Russian crude. While India maintains its energy policy is based on national interest and market conditions, Bessent criticized Europe and China for continuing Russian oil purchases, highlighting Washington's focus on curbing these imports to pressure Russia amid the Ukraine conflict.

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