The sanctions will allow imposition of tariffs and secondary sanctions on countries that purchase Russian oil, gas and uranium among other exports.

India faces tariff trouble again? Bipartisan Russia bill greenlit by Trump threatens 500% tariff

US President Donald Trump says PM Modi is unhappy with high American tariffs on Indian goods. Trump linked the penalties to New Delhi's purchase of Russian oil.

‘PM Modi not that happy with me’: Donald Trump reveals India's response on tariffs

U.S. President Donald Trump says Washington could raise tariff duties on Indian goods, signaling possible escalation in trade tensions. The remarks highlight ongoing trade negotiations, concerns over market access, and uncertainty surrounding future U.S.–India economic relations amid broader global trade pressures.


Trump: Legislation to Impose Tariffs on Buyers of Russian Oil Soon

While the United States has demanded the total withdrawal of Russian ownership from NIS, Belgrade said on Wednesday that Washington had granted the firm a temporary reprieve allowing the Pancevo refinery to resume operations until January 23.

Serbian president hopes for quick sale of Russian-controlled oil firm

India emphasised that its policy of sourcing energy is driven by fulfilling the energy needs of its 1.4 billion people and guided by the twin goals of stable prices and secure supplies.

Putin India visit: Indian firms source Russian energy based on evolving market dynamics, says MEA

Calling the conflict “a war that should have never happened,” Donald Trump said the fighting has been “a loser for everyone,” particularly for the millions affected by the humanitarian crisis.

'Zero gratitude from Ukraine...': Trump rants about 'inherited' Russia-Ukraine war, slams Europe amid talks on peace plan

U.S. sanctions targeting major Russian oil companies, including Rosneft and Lukoil, have led to a significant decline in Russian crude oil exports. According to Kpler data, global flows of Russian oil have plunged sharply, with weekly export revenues falling to their lowest levels since early 2023.


U.S. Sanctions Choke Russian Global Oil Supply, Flows Plunge

India faces challenges as potential cuts to Russian oil imports could impact refining margins, energy costs, and supply stability, raising questions about economic and strategic feasibility.


Can India afford to cut Russian oil imports? 

India said on monday that it is making significant headway in talks with the united states to reach a trade deal and reduce high tariffs.
A bloomberg report showed that an indian official said both countries had reduced their disagreements on trade barriers.


India Says Making Progress on U.S. Talks | WORLD BUSINESS WATCH 

India has pushed back after U.S. President Donald Trump claimed Prime Minister Narendra Modi assured him that New Delhi would stop buying Russian oil. The Ministry of External Affairs clarified no conversation took place, stressing that India’s energy policies prioritize the interests of Indian consumers amid global market volatility. Trump, frustrated by stalled Ukraine peace talks, has sought to pressure India and China through unilateral statements and tariffs, but New Delhi remains firm on its energy sovereignty.


India pushes back on frustrated Trump’s false Russian oil claim

U.S. President Donald Trump has claimed that India has assured him it would halt oil imports from Russia. The statement has sparked debate amid ongoing global tensions surrounding energy trade and sanctions on Moscow.


India-US ties: No phone call between Trump, PM Modi; MEA rejects US President's claim

MEA spokesperson Randhir Jaiswal on Thursday (October 16) during the weekly media briefing said that the MEA is not aware of any conversation between PM Modi and Donald Trump taken place on Wednesday (October 15)

'Not aware of any conversation between PM Modi and Trump yesterday': MEA clarifies after US president claims India won't buy Russian oil

#Gravitas Russian President Vladimir Putin has praised Indian Prime Minister Narendra Modi for resisting external pressure while ridiculing U.S. President Donald Trump and the NATO alliance.

Trump tariff war: Putin says PM Modi will not bow to US pressure 

Russia Fuel Crisis: Lost Nearly 40% of Oil Refining Capacity

Several regions in Russia and parts of Ukraine it controls are reporting gasoline shortages after Ukraine stepped up attacks on Russian oil refineries this month, and amid a seasonal surge in fuel demand. Russia imposed a gasoline exports ban for oil producers on July 28 in a bid to prevent shortages at a time of peak demand because of summer travel and grain harvesting. But some market participants said this will not be enough to avert a fuel crunch.

Russia Fuel Crisis: Lost Nearly 40% of Oil Refining Capacity

PM Modi a great friend, still sanctioned them: US President Donald Trump

US Treasury Secretary Scott Bessent is urging the European Union to team up with the US to increase pressure on Russia by imposing additional sanctions and tariffs on countries purchasing Russian crude oil. This move aims to destabilize Russia's economy and force President Vladimir Putin to negotiate. The Trump administration has already imposed 25% additional tariffs on India for its Russian oil imports, bringing the total tariff to 50%, due to concerns that India is indirectly financing Russia's war efforts in Ukraine.

U.S. pushes for more sanctions on Russian oil, wants more tariffs on Russian oil buyers

U.S. President Donald Trump told European leaders on Thursday that Europe must stop buying Russian oil that he said is helping Moscow fund its war against Ukraine, a White House official said, striking a combative tone amid slow diplomatic progress to end the fighting.



Russia-Ukraine War: Macron Says 26 Nations To Deploy Troops in Ukraine | WION

Trump 'Urges' Europe to Stop Buying Russian Oil, Stop Aiding Moscow's War Efforts | WION

Nikki Haley urged India to work with Trump’s White House, saying partnership is vital to counter China. She warned New Delhi to take Trump’s concerns on Russian oil seriously, stressing decades of US-India friendship. Here's what she said.

Nikki Haley tells India to 'take Trump seriously,' warns against choosing Russian oil over ties with US

Jaishankar addressed Trump tariff war, saying that India is not the biggest buyer of Russian oil, but China is. He further said that he was perplexed" as India's purchase of oil from the US had surged.

'India not biggest buyer of Russian oil': Jaishankar hits back at Trump tariff during Moscow visit

China has purchased at least 15 cargoes of Russian oil for deliveries in October and November from ports which typically supplied to India, which is currently facing a drop in demand amid Trump’s tariff threats, according to reports.

China ramping up Russian oil purchase amid Trump’s tariff threats? Reports claim drop in Indian demand

Zelensky, during the call with PM Modi, discussed sanctions against Russia, noting that it is necessary to limit the export of Russian oil.

Zelensky calls PM Modi amid Trump's tariff threats over Russian oil - Sanctions, personal meeting, Ukraine war discussed

The price cap for Russian oil will be reduced from $60 per barrel to $47.60, according to a statement from Canada’s Finance Department. This move aligns Canada with the European Union and the United Kingdom, both of which had made similar decisions in July.

Canada joins allies in lowering price cap on Russian oil

The US president signed an executive order, imposing additional 25 per cent tariffs on India as they "directly or indirectly" import Russian oil.

What will happen if India retaliates against US tariffs? Trump WARNS after imposing 50% import duties over buying Russian oil

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India faces tariff trouble again? Bipartisan Russia bill greenlit by Trump threatens 500% tariff

‘PM Modi not that happy with me’: Trump reveals India's response on tariffs

Trump: Legislation to Impose Tariffs on Buyers of Russian Oil Soon

Serbian president hopes for quick sale of Russian-controlled oil firm

Indian firms source Russian energy based on evolving market dynamics, says MEA

'Zero gratitude from Ukraine': Trump rants about inherited Russia-Ukraine war

U.S. Sanctions Choke Russian Global Oil Supply, Flows Plunge

Can India afford to cut Russian oil imports?

India Says Making Progress on U.S. Talks | WORLD BUSINESS WATCH

India pushes back on frustrated Trump’s false Russian oil claim

India-US ties: No phone call between Trump, PM Modi; MEA rejects US President's claim

'Not aware of any conversation between PM Modi and Trump yesterday', says MEA

Trump tariff war: Putin says PM Modi will not bow to US pressure

Russia Fuel Crisis: Lost Nearly 40% of Oil Refining Capacity

PM Modi a great friend, still sanctioned them: US President Donald Trump

U.S. pushes for more sanctions on Russian oil, wants more tariffs on Russian oil buyers

Russia-Ukraine War: Macron Says 26 Nations To Deploy Troops in Ukraine | WION

Trump 'Urges' Europe to Stop Buying Russian Oil, Stop Aiding Moscow's War Efforts | WION

Take Trump seriously: Nikki Haley warns New Delhi amid rising India-US tensions

'India not biggest buyer of Russian oil': Jaishankar hits back at Trump tariff

China ramping up Russian oil purchase amid Trump’s tariff threats on India?

Zelensky calls PM Modi amid Trump’s tariff warning over Russian oil import

Canada joins allies in lowering price cap on Russian oil

What will happen if India retaliates? Trump WARNS after imposing 50% tariffs