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Trump doubles India tariff to 50% over Russian oil purchase

Analysis-Trump tariffs on Russia's oil buyers bring economic, political risks

By Timothy Gardner, David Lawder and Seher Dareen WASHINGTON/LONDON (Reuters) -From punishing Brazil to trying to curb imports of fentanyl, U.S. President Donald Trump has wielded the threat of tariffs as an all-purpose foreign policy weapon.

Yahoo · 14h

Trump orders India tariff hike to 50% for buying Russian oil

India, which now faces among the highest tariff rates imposed by the US, called the levy "unjustified and unreasonable".

CNN · 1d

Trump threatens India with 50% tariff as negotiations fizzle and Modi keeps importing Russian oil

President Donald Trump on Wednesday announced sweeping and substantial tariffs on India, one of America’s most important trading partners. In addition to a 25% tariff that is set to go into effect Thursday,

Oil Rises

Reuters on MSN · 23h

Oil rises on US demand strength, though macroeconomic uncertainty looms

Oil prices rose on Thursday, recovering from a five-day losing streak, on signs of steady demand in the United States, the world's largest oil consumer, although concerns over the economic impact of U.

Hosted on MSN · 1d

Oil prices rise on US demand strength, though sanctions uncertainty remains

Oil prices rose on Thursday, pausing a five-day losing streak, on signs of steady demand in the U.S., the world's biggest oil user, though the prospect of U.S.-Russian talks on the Ukraine war eased concerns of supply disruptions from further sanctions.

The Wall Street Journal on MSN · 1d

Oil Rises as Trump’s Russia Deadline Looms

Oil prices rose, rebounding from previous losses, as investors waited for clarity ahead of President Trump’s Friday deadline for a Russia-Ukraine ceasefire.

4hon MSN

Oil set for steepest weekly losses since June as tariffs cloud demand outlook

Oil prices were little changed in early Asian hours on Friday, but were headed for their steepest weekly losses since ...

Commodities: Potential Trump-Putin Meeting Weighs On Oil

Oil prices settled lower yesterday amid growing hopes that Presidents Trump and Putin will meet to discuss a Russia-Ukraine ...

India Bought Russian Oil. Now It’s a Trade-War Weapon.

If Narendra Modi surrendered to President Trump, how tough would it be to wean his country from Russia’s discounted supply?

Mexico pivots towards fracking to lift Pemex oil and gas production

Mexico is planning to increase the use of hydraulic fracturing to tap unconventional hydrocarbon deposits and boost oil and ...

20h

Russia Says Drone Attack Caused Fire at Afipsky Oil Refinery

Drone attacks in the early hours of Thursday triggered a fire at the independent Afipsky refinery in southern Russia, ...

The Economist16h

South America is fast becoming the world’s hottest oil patch

BP is not the only driller betting big on South America, which last year produced around two-fifths as much crude oil as ...

18hon MSN

Takeaways from AP’s report on Alaska Natives’ response to oil and mining proposals

President Donald Trump’s administration and its allies have pushed aggressively for drilling, mining and logging in Alaska.

21h

Oil Traders Race Against Time to Solve a Global Diesel Crunch

The oil market is pulling all the levers it can to ease a global diesel crunch, but the window is narrowing to replenish ...

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