Trump says Russia has lost India
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White House trade adviser Peter Navarro said India's purchases of Russian crude were funding Moscow's war in Ukraine and had to stop, adding that New Delhi was "now cozying up to both Russia and China.
Last week, President Donald Trump announced an additional 25% tariff on Indian exports, citing New Delhi’s continued imports of Russian crude. India is the world’s second-largest buyer of Russian oil after China.
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India Today on MSNWhy US spares China, but hits India: Marco Rubio explains dilemma on Russian oil
Speaking to Fox News on August 17, Marco Rubio cautioned that targeting Chinese refiners would have disruptive consequences for the global oil market.
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'America has shown its true colors': Fareed Zakaria says Trump 2.0 may drive India to Russia, China
India, which has long pursued a policy of nonalignment, had gradually moved closer to the U.S. over the last two decades.
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The National Interest on MSNIndia Is Dumping Russia’s Su-57 for France’s Rafale Fighter
The Indian Air Force will soon retire its remaining contingent of Soviet-era MiG-21 fighters after six decades of service.
India's equity benchmarks are likely to open marginally higher on Thursday, tracking the broader sentiment in Asia, but caution ahead of Russia-U.S. talks over the war in Ukraine could cap the upside in a holiday-truncated week.
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'Selective bullying': US punishes India, but its own trade with Russia grows 20% under Trump
The trade growth revelation has stirred anger in India, which faces punitive tariffs despite buying Russian oil primarily for energy security
India is considering a proposal to co-develop Russia’s T-14 Armata main battle tank. The deal has an obvious logic for both sides.