{"id":14794,"date":"2025-07-15T04:07:12","date_gmt":"2025-07-15T04:07:12","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=14794"},"modified":"2025-07-15T04:07:12","modified_gmt":"2025-07-15T04:07:12","slug":"india-under-pressure-as-trump-weighs-tariffs-on-nations-importing-russian-oil","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/14794\/","title":{"rendered":"India Under Pressure As Trump Weighs Tariffs On Nations Importing Russian Oil"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0India could face serious economic repercussions as the United States considers a sweeping new sanctions bill that would impose a 500% tariff on countries importing Russian energy products. With Russian oil now accounting for more than a third of India\u2019s total crude imports, the proposed legislation threatens to disrupt a key component of the country\u2019s energy strategy and raise oil prices at home.<\/p>\n

The bill\u2014Sanctioning Russia Act of 2025\u2014was introduced in April by U.S. Senators Lindsey Graham (Republican) and Richard Blumenthal (Democrat), and has recently gained momentum with former President Donald Trump publicly stating that he is \u201cstrongly considering\u201d supporting it.<\/p>\n

India has been among the biggest beneficiaries of discounted Russian crude since the start of the Russia-Ukraine war in 2022. In 2024, Russian oil made up roughly 35% of India\u2019s crude intake, helping cushion the country from global price volatility and reduce its energy import bill. The new sanctions could abruptly curtail this arrangement, raising costs for refiners and potentially leading to domestic fuel inflation.<\/p>\n

Speaking during a cabinet meeting, Trump said, \u201cIt\u2019s totally my option. They pass it, and I terminate it\u2014totally at my option. And I\u2019m looking at it very strongly,\u201d adding that he is increasingly frustrated with Russian President Vladimir Putin over the ongoing conflict in Ukraine.<\/p>\n

The proposed sanctions go beyond just tariffs on oil, gas, and uranium imports. They also include measures targeting Russian state-owned enterprises, financial institutions, and senior officials. But the centerpiece\u2014and the most controversial provision\u2014is the tariff penalty on countries continuing to purchase Russian energy, namely India and China.<\/p>\n

\u201cIf you are buying energy from Russia and not helping Ukraine, your goods will face a 500% tariff coming into the United States,\u201d Senator Graham said in an interview. He described the legislation as a \u201cbreakthrough\u201d in exerting global pressure on Moscow and noted that Trump had encouraged lawmakers to move forward with the bill.<\/p>\n

India has not officially responded to the U.S. proposal, but diplomatic sources suggest the matter is being closely monitored. New Delhi has consistently defended its energy purchases from Russia as driven by national interest and market economics, not geopolitics.<\/p>\n

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