Trump’s Russian Oil Tariff: India Braces For Higher Crude, Inflation Risks | Crux Of The Matter

The global oil market is facing fresh uncertainty after the U.S. Congress approved legislation giving President Donald Trump the authority to impose tariffs of up to 100% on major buyers of Russian oil and gas. India, one of the largest buyers of Russian crude, could be directly affected if such tariffs are imposed.India has already warned Washington that the proposed measures could affect bilateral relations and have wider implications for global energy markets. n18oc_crux-of-the-matter n18oc_india News18 Mobile App - https://onelink.to/desc-youtube