Trumpâs Tariffs Target India for Backstabbing Oil Affair
Photo by Jørgen Hüland 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.
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Source: Axios | Published: 8/18/2025 | Author: Courtenay Brown
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