Trump’s Tariffs Target India for Backstabbing Oil Affair
Photo by Jørgen Håland on Unsplash
In an unexpected twist worthy of a geopolitical soap opera, the Trump administration has doubled down on tariffs against India for buying Russian crude, describing it as 'opportunistic and deeply corrosive' according to advisor Peter Navarro. Despite Europe and Zelensky landing in DC for peace talks, heavy tariffs loom as 'a two-pronged policy' to punish India while nudging Russia. Meanwhile, energy prices have been oddly stable, with gasoline down 9.5%. Yet, as Priyanka Sachdeva notes, energy flows remain 'hostage to trade and diplomatic frictions,' proving the global oil drama is far from over.
Share the Story
(1 of 3)Source: Axios | Published: 8/18/2025 | Author: Courtenay Brown
More Articles in World News
Marines Discover Dirt Bikers Outskill Gamers Flying Explosive Toy Helicopters
Businessinsider
Molotov Cocktail Misfires on $27 Million Silicon Valley Fort, FBI Not Amused
Businessinsider
Sydney Sweeney's $1M Flop, Trump-Approved Jeans & Bathwater Soap Fiasco
Mockingbirdnews.org
Ukraine’s Drone Army Now Taking Freelance Jobs Shooting Down Iranian Shaheds
Businessinsider
Trump Asks Netanyahu to Play It ‘Low-Key’ While Bombing Lebanon, Naturally
Theguardian
IMF Warns Iran War Will Scar Economy Like Bad Tattoo, Peace Won't Help
Theguardian
Iran Turns Strait of Hormuz Into Exclusive Pay-Per-Pass Crypto Toll Booth
Axios
Lebanese President Demands Ceasefire Before Talks, Because Obviously
Theguardian
Netanyahu Orders Talks While Israel Declares 'No Ceasefire' in The Same Breath
Axios