US President Donald has imposed an extra tariff of 25 percent irritated by India to buy oil from Russia. However, India is constantly buying oil from Russia according to its need. Meanwhile, Russia has decided to give a discount of five percent on oil purchases to India.
Russia said- this commercial secret!
Sub-business representative in India, Russia, and said, “India will have a 5 percent discount on the purchase of Russian crude oil, which will be decided on the basis of talks.” Griva further said that despite the political situation, India will continue to import almost the same level of oil. He also told that this discount is a commercial secret. It is usually based on dialogue between traders and lives around 5%.
India-Russia energy cooperation will be strong
Russia’s Deputy Chief of Mission Roman Babaskin also made a statement with Griva. He said that the situation is challenging, but trusting our relationship. He further said, “We are sure that India-Russia energy cooperation will continue despite external pressure.” Here his gesture from outsiders was towards America.
America imposed 50 percent tariff on India
The US has accused India that it is funding the Ukraine War by purchasing oil from Russia. The US has imposed 50 percent tariff on India to buy oil from Russia. White House trade advisor Peter Navarro said, “India acts as a global clearinghouse in Russia, converts restricted crude oil into high-value exports and provides dollars to Moscow.”
Trump also threatened Russia
Donald Trump has been threatening BRICS countries since the beginning. He had threatened Russia that if no steps are taken to end the Ukraine war, he would also ban Mosks. He had said that restrictions will also be imposed on those countries who buy its oil. Please tell that China and India are the biggest buyers of Russian oil.
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