India is the biggest buyer of seaborne Russian crude. Russian oil accounted for about 35% of overall crude imports in 2024 by India, the world's third biggest oil importer and consumer.

TOKYO : Oil prices eased on Monday, heading for a slight quarterly loss despite a warning by U.S. President Donald Trump that he may impose secondary tariffs on buyers of Russian oil if he feels ...

“That would be that if you buy oil from Russia, you can’t do business in the United States. There will be a 25% tariff on all – on all oil, a 25- to 50-point tariff on all oil,” he said.

and if I think it was Russia’s fault ... I am going to put secondary tariffs on oil, on all oil coming out of Russia,” Mr Trump said. “That would be, that if you buy oil from Russia ...

United States President Donald Trump vowed to impose hefty financial penalties on Russian crude oil imports if Moscow does not sign up to a ceasefire in Ukraine within the next month. Speaking in an ...

India has consistently said purchasing oil from Russia, its ally, is a key component of its oil buying strategy. Western sanctions on Russia resulted in discounted oil prices, causing India’s ...

US president Donald Trump said on Sunday he was “p****d off” with Russian president Vladimir Putin and will impose secondary tariffs of 25 per cent to 50 per cent on buyers of Russian oil if ...

NEW YORK, March 30. /TASS/. The United States will introduce secondary restrictions against Russian oil if Russia does not make the deal to peacefully settle the Ukrainian conflict, President ...

BEIJING (Reuters) - Oil markets on Monday shrugged off U.S. President Donald Trump's threat to hit buyers of Russian oil with tariffs as the shock value of the barrage of threats from the White ...

Washington | US President Donald Trump said he’s “pissed off” at Russian President Vladimir Putin and would consider “secondary tariffs” on Russian oil if a ceasefire with Ukraine can ...

Russia's second largest oil producer has seen its profits crash by a staggering £10 billion, as the economic crisis intensifies in the country. A lethal combination of spiralling inflation and ...