India warns of US tariffs over Russian oil
India has warned that new US tariffs targeting Russian oil buyers could strain bilateral relations. New Delhi also said it would protect the country’s energy security. The warning followed approval of a US sanctions and tariff bill. The legislation could raise tariffs on countries buying Russian energy. The US House of Representatives approved the bill […]
India has warned that new US tariffs targeting Russian oil buyers could strain bilateral relations. The US House of Representatives approved a bill that could raise tariffs on countries buying Russian energy.
India's government said it would protect the country's energy security. According to The Hindu, the Congress party has demanded that the Indian government clarify its stance on the US move, questioning whether India's foreign policy and energy sovereignty would be controlled by Washington.
The US bill, known as the Lindsey O. Graham Sanctioning Russia and Iran Act, allows for tariffs of up to 100% on countries that continue to purchase Russian oil and gas, and now awaits the US President's signature.
Brief written by urgent.news from Daily Times, The Hindu — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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