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Trump raises India tariff to 50% over Russia oil purchase

Trump hikes India’s tariffs by 25% for buying Russian oil, bringing total to 50%

US President Donald Trump on Wednesday signed an executive order imposing an additional 25 percent tariff on goods from India, raising total US tariffs on the country to 50 percent. The move, effective in 21 days,

ET Now on MSN · 3h

US Tariff on India: Facing 50% penalty, what are New Delhi’s alternatives for crude oil purchases besides Russia?

India began importing large quantities of discounted Russian oil following the 2022 invasion of Ukraine, when many Western nations imposed sanctions on Russia. This shift made Moscow India's top oil supplier,

MarketWatch · 5h

Oil prices see brief spike after Trump hikes India tariff to 50% citing Russian oil purchases

Oil futures spiked higher and remained off five-week lows Wednesday morning after President Donald Trump jacked up tariffs on U.S. imports from India to 50% citing the country's continued purchases of Russian crude.

OilPrice.com5h

EIA Report Shows US Crude Oil Inventories Shrinking

Crude prices were trading up ahead of the EIA data release. At 10:07 a.m. in New York, Brent was trading at $68.72 per barrel ...

5hon MSN

TotalEnergies sells 45% stake in Argentina oil and gas blocks to YPF for $500 million

TotalEnergies said on Wednesday that its affiliate Total Austral had agreed to sell its 45% interest in two unconventional ...

The Motley Fool2y

Oil Is Quietly Back Around $80 a Barrel (and Has $90 in Its Sights)

Oil prices have quietly rallied over the past month. The U.S. oil benchmark, West Texas Intermediate (WTI), has surged 15% and recently closed above $80 a barrel for the first time since April.

OilPrice.com5d

Oil Rig Count Falls Again as Frac Crews Vanish

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that ...

OPEC+ gets lucky as it brings back oil output amid uncertainty

A couple of months ago it would have been a brave call to say that OPEC+ would be able to bring back 2.5 million barrels per ...

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