Russia oil squeeze: Trump’s 100% tariff threat - should India panic?
Amidst Trump's threat of secondary tariffs on countries trading with Russia, will India's crude oil supply face uncertainty? Russia has become India's top oil supplier due to discounted rates, potential tariffs could disrupt this. However, India's diversified procurement, strategic reserves, and growing oil imports from other markets may mitigate the impact, suggesting resilience against supply shocks.
Amidst Trump's threat of secondary tariffs on countries trading with Russia, will India's crude oil supply face uncertainty? Russia has become India's top oil supplier due to discounted rates, potential tariffs could disrupt this. However, India's diversified procurement, strategic reserves, and growing oil imports from other markets may mitigate the impact, suggesting resilience against supply shocks.
