Trump’s Russia Threat Puts Oil Buyers in Spotlight: Will It Affect India's Fuel Prices?

China, India may need new oil options if Trump moves on Russia ‘secondary tariffs’ threat

The two countries are the largest purchasers of Russian oil. Read more at straitstimes.com.

Biggest Crude Inventory Build of Decade Slams Oil Bulls

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply for the second week in a row, this time gaining an additional 19.10 million barrels in the week ending July 11. That’s on top of last week’s 7.1 million barrel build. It is the largest single week build reported by the API in at least a decade. Analysts were a mile off, estimating a 2.0-million-barrel draw. So far this year, crude oil in…

Cynical realism won’t save India from Donald Trump

India has done brilliantly by balancing America, China and Russia. Can that last?

Trump’s Russia tariff threat risks harming ties with Modi, Xi

U.S. President Donald Trump’s latest threat of 100% tariffs on Russia would risk complicating relations with two nations crucial to his economic and strategic goals: China and India.

Trump’s Russia threat puts oil buyers in spotlight: Will it affect India's fuel prices?

President Trump's recent threat to penalise Russia draws attention to its biggest oil buyers. Since the Ukraine invasion, India now sources over a third of its oil from Russia, while China consistently imports over 1 million barrels daily. However, market reactions remain largely indifferent.

Trump's Russia Threat Puts Focus on Oil Buyers India and China

President Donald Trump’s threat to impose financial penalties on Russia has put the spotlight on the two biggest buyers of Moscow’s crude — India and China