100% US tariff threat over Russian oil: India may have reasons to stay calm
Global - Asia
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July 16, 2026
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This is not the first attempt by the US to penalise countries purchasing Russian oil. Last year, Washington imposed an additional 25% tariff on India over its imports of Russian crude, before reversing the measure in February.
Source: https://timesofindia.indiatimes.com/rssfeedstopstories.cms - Read Original
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