US EditionCOMMENT: What Will Trump’s Russian 100% Secondary Sanctions Do to the Oil Markets?
INDIA, JUL 15 – President Trump threatens 100% secondary tariffs on India if Russia does not agree to end the Ukraine war within 50 days, complicating India’s growing trade ties with both nations.
- On July 14, 2025, US President Donald Trump threatened to impose 100% secondary tariffs on any country trading with Russia if no peace deal ends the Ukraine war within 50 days.
- This announcement followed growing bipartisan Senate support for a bill to pressure Russia's wartime economy, complicating energy trade ties with major importers India and China.
- India, which increased bilateral trade with Russia to $66 billion last year and relies on discounted Russian oil and weapons, faces tough decisions during the 50-day period amid growing US ties.
- Experts warn a sharp drop in Russian energy supply could raise global gas prices and inflation, though Russian Deputy PM Novak doubts sanctions will significantly affect Russia given its sanctions resilience.
- The tariffs aim to choke Moscow's war funding but may strain alliances like the Quad and test India's balancing act between Russia and the US amid uncertain prospects for Ukraine peace.
18 Articles
18 Articles
Reuters assess the possible consequences of the imposition of secondary sanctions against Russia, as promised by US President Donald Trump, and the Agency's observer estimates that these measures could indeed be a serious blow to Russia's oil exports, but oil traders do not yet believe that the White House head is actually implementing his threats.
On July 14, Donald Trump made an “important statement” on the Russian-Ukrainian war. The US President promised Kiev additional military assistance and threatened Russia with new sanctions. We are talking about 100% export duties to the United States, which may be introduced in 50 days — on September 1 — if peace or a truce in Ukraine is not achieved. And such a bet threatens not only Russia itself (whose exports to the United States are negligib…
COMMENT: What will Trump’s Russian 100% secondary sanctions do to the oil markets?
US President Donald Trump announced on July 14 that the US could impose 100% secondary sanctions on any country that does business with Russia if no ceasefire deal in Ukraine is reached after a 50-days.
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 — but markets remain skeptical of disruption, for now.
The administration of US President Donald Trump is considering the possibility of introducing secondary sanctions against states that maintain trade relations with the aggressor country Russia.
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