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Why India will continue to buy Russian oil despite U.S. sanctions
Youtube· 2025-09-12 16:09
I do want to get into uh to disc to discuss the emerging flash point of India buying Russian oil and the US's displeasure as you heard from President Donald Trump a while ago. It's the latest wrinkle in global trade because India continues to say they will continue to buy Russian oil for the benefit of their consumers. The US continued to try to pressure India at least to say to to drop that actually.What kind of volatility is this introducing into the oil markets at the moment. Yeah, great question. um it' ...
Why India is in Trump's crosshairs when crude is not even sanctioned
CNBC· 2025-08-06 23:29
Technicians stand next to an oil rig which is manufactured by Megha Engineering and Infrastructures Limited (MEIL) at an Oil and Natural Gas Corp (ONGC) plant, during a media tour of the plant in Dhamasna village in the western state of Gujarat, India, August 26, 2021. Amit Dave | Reuters U.S. President Donald Trump added further pressure to India on Wednesday by bumping up tariffs to 50% — but calls for India to immediately stop buying Russian oil could cause global crude prices to spike, industry sources ...