Tuesday, Nov 18, 2025 28°C

Concise and comprehensive global coverage.

General

Cheap oil, big risks: Which way will India go?

NP
Published: October 19, 2025, 10:31 PM
Cheap oil, big risks: Which way will India go?

It was August this year. That was when Trump's first blow against India came. India was punished for buying oil from Russia. The United States imposed a 50 percent tariff on their products. Then on September 15, US President Donald Trump claimed that Prime Minister Narendra Modi had personally assured him that India would soon stop buying Russian oil.