"I understand that India is no longer going to be buying oil from Russia. That's what I heard. I don't know if that's right or not. That is a good step. We will see what happens..."Donald Trump claimed.
Donald Trump claimed India would be paying a 25% tariff on exports to the US, but that's misleading. In reality, US importers pay the tariff, often passing the cost to consumers through higher prices
Even as the EU keeps buying Russian gas, it has now targeted Indian refineries and flagged ships carrying Russian oil. India has hit back, calling out the West’s double standards and asserting its right to secure energy for 140 crore people.
In the 18th package of the sanctions announced today, the EU targets Russian oil exports, including refining of Russian oil in other countries. This includes “the biggest Rosneft refinery in India,” and the Indian flag registry.