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
Elon Musk Admits Losing AI Beef, Now Besties with Claude’s Crew
Businessinsider
OpenAI Exec Quits Full-Time, Chronic Illness Wins Over World Domination Plans
Businessinsider
Regional Mediators Panic-Call Diplomacy To Stop US & Iran From Arm Wrestling
Axios
Russia Runs Out of Gas Because Ukraine Keeps Playing Super Mario with Oil Tankers
Businessinsider
US and Iran Bicker Over Strait Like Petulant Neighbors Fighting Over HOA Rules
Axios
US Gives Iran’s Coastline a Surprise Makeover, One Missile at a Time
Axios
Ukraine’s Drone Army Hits 231 Russian Cannons, Basically Dronezilla’s Artillery Buffet
Businessinsider
Trump Extends Ceasefire Because Iran's Drama Series Needs Another Season
Axios