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India Pauses Russian Oil Amid U.S. Tariff Threats

1/22/2026

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Summary

Story summary

India halted Russian oil purchases after a 25% tariff imposed by U.S. President Donald Trump, per U.S. Treasury Secretary Scott Bessent.
Bessent said Trump could impose a 500% tariff on countries buying Russian oil without Senate approval.
India says its energy policy rests on national interest and shows no confirmed import decrease.
The Foreign Ministry monitors Senator Lindsey Graham's bill to add tariffs on Russia trade.

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Story summary

India halted Russian oil purchases after a 25% tariff imposed by U.S. President Donald Trump, per U.S. Treasury Secretary Scott Bessent.
Bessent said Trump could impose a 500% tariff on countries buying Russian oil without Senate approval.
India says its energy policy rests on national interest and shows no confirmed import decrease.
The Foreign Ministry monitors Senator Lindsey Graham's bill to add tariffs on Russia trade.