'Committed to ensuring energy security': India reacts as 100% Trump tariff looms
The Indian government has reaffirmed its commitment to energy security following a new US bill that threatens 100% tariffs on countries importing crude oil from Russia and Iran. India stated it will continue to diversify its energy sourcing based on market dynamics.
Why it matters
This highlights potential geopolitical friction between India and the US regarding energy trade policies and sanctions enforcement.
NEW DELHI: India on Thursday reacted to the passage of a new bill in United States that allows the Trump administration to impose tariffs of up to 100 percent on countries that are buying crude oil from Russia and Iran.The ministry of external affairs, in a statement, said that India remains committed to ensuring…
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