23.1 C
Delhi
Wednesday, November 5, 2025

Trump Claims India Will Cut Russian Oil Imports by Year-End

Trump Claims India Will Slash Russian Oil Imports by Year-End

Former US President Donald Trump has asserted that India will dramatically reduce its Russian oil imports by the end of this year, calling it a “gradual process.” This statement follows US sanctions against two major Russian oil companies and demands for an immediate ceasefire from Moscow.

Key Developments

  • Trump claims India told him they will stop Russian oil purchases
  • Predicts imports will drop to “almost nothing” by year-end
  • India has officially denied any such plans
  • US has imposed 50% tariffs on India over Russian oil imports

“India, as you know, has told me they are going to stop…it’s a process. You can’t just stop (buying oil from Russia). By the end of the year, they’ll be down to almost nothing; almost 40 percent of the oil,” he said.

India’s Official Position

Indian authorities have firmly denied Trump’s claims, emphasizing their commitment to protecting consumer interests and maintaining energy security. The country continues to prioritize affordable energy supplies for its growing economy.

Tariff Implications

The US has already implemented 50% tariffs on India due to its continued Russian oil purchases. Trump addressed this directly in his remarks:

“Well then, they’re going to just keep paying a lot of tariffs if they said that, but I don’t believe they said that. No, I spoke with Prime Minister Modi of India and he said he’s not going to be doing the Russian oil thing.”

China-Russia Relations and Tariff Threats

Trump also commented on China, which faces potential 155% tariffs starting November 1 if no agreements are reached. He suggested that the China-Russia relationship was artificially strengthened by previous US administrations:

“China is a little bit different. They have a little bit different relationship with Russia. It was never good, but because of Biden and Obama, they got forced together… Biden and Obama forced them together because of energy and oil.”

He indicated that ending the Russia-Ukraine conflict would be a priority in discussions with Chinese leadership, expressing optimism about finding receptive partners for peace talks.

Latest

India-NZ FTA Talks Advance as Piyush Goyal Meets Trade Minister

Commerce Minister Piyush Goyal begins New Zealand visit for FTA negotiations, aiming to boost bilateral trade and investment opportunities between both nations.

UPS Cargo Plane Crashes in Louisville; Injuries Reported, Airport Closed

Massive fireball as UPS MD-11 crashes after takeoff from Louisville airport. Injuries reported, airfield closed, delivery disruptions expected.

Trump Nominates SpaceX Ally Jared Isaacman as NASA Administrator

Billionaire astronaut Jared Isaacman, known for his close ties to Elon Musk's SpaceX, nominated to lead NASA in new era of commercial space partnerships.

US Spy Jet Patrols Mexican Cartel Zone Amid Military Plans

US Navy P-8 Poseidon conducts surveillance off Mexico coast as reports emerge of planned military operations targeting drug cartels in coordinated security push.

Norway’s Wealth Fund Opposes Elon Musk’s $1 Trillion Tesla Pay Package

World's largest sovereign fund votes against record Tesla compensation deal ahead of shareholder decision that could make Musk first trillionaire.

Topics

Commercial Vehicle Sales Rebound in October on Infrastructure Push

India's CV sector shows strong recovery with major manufacturers reporting double-digit growth driven by infrastructure projects and festive logistics demand.

India-NZ FTA Talks Advance as Piyush Goyal Meets Trade Minister

Commerce Minister Piyush Goyal begins New Zealand visit for FTA negotiations, aiming to boost bilateral trade and investment opportunities between both nations.

CERT-In High-Severity Warning: Update Google Chrome Now

Critical Chrome vulnerabilities allow system takeover. Learn which versions are affected and how to protect your device immediately.

IBM to Cut 2,700 Jobs in 2025 Amid AI Restructuring

IBM joins Amazon, Microsoft, Google in tech layoffs as companies shift focus to artificial intelligence. Over 30,000 jobs cut across major tech firms in 2025.

London Police: Apple Ignoring Stolen iPhone Database Amid Theft Surge

Over 80,000 iPhones stolen in London as police accuse Apple of not using national theft database to block trade-ins of stolen devices.

Bank Holiday Today: Banks Closed in 21 States for Guru Nanak Jayanti

Check if banks are open in your state on November 5. Complete state-wise list of bank closures for Guru Nanak Jayanti and upcoming holidays.

UPS Cargo Plane Crashes in Louisville; Injuries Reported, Airport Closed

Massive fireball as UPS MD-11 crashes after takeoff from Louisville airport. Injuries reported, airfield closed, delivery disruptions expected.

India Set to Become 3rd Largest Global Economy, Says FM Sitharaman

Finance Minister announces India's rapid economic ascent from 10th to soon 3rd largest economy, with 25 million lifted from poverty and banking sector revival.
spot_img

Related Articles

Popular Categories

spot_imgspot_img