🛢️ Russia’s Oil: India’s Hot Potato in US Trade Drama

 


💸 The 50% Tax Bomb

The US just slapped India with a whopping 50% import tax — half of which is basically America saying: “Stop buying cheap Russian oil, bro.” Problem is, New Delhi has been saving $17 billion since 2022 thanks to those sweet discounts, so giving it up feels like quitting free Wi-Fi.

🔥 Why India Can’t Just Quit

  • Russia now supplies 40% of India’s oil (from almost 0% before the Ukraine war).

  • Cutting it off overnight = supply chaos + $200/barrel oil + angry Indian drivers.

  • Plus, India enjoys a 7% discount on Russian crude. Who dumps a bargain like that?

🤝 Stuck Between Two BFFs

  • With Russia, India needs cheap fuel, defense gear, and geopolitical backup.

  • With the US, it needs trade, tech, and to not be treated like it’s 1998 again.

  • Translation: India is basically dating two people who hate each other and trying not to get caught.

😬 The Trump Factor

Trump’s tariffs might push US–India relations to their worst point since the nuclear sanctions of 1998. India clapped back, accusing the US of double standards — “Hey, you’re still buying Russian uranium, palladium, and fertilizer, so don’t lecture us!”

🌍 Bigger Picture

Everyone’s watching how India handles this mess. If even a rising giant like India gets cornered by Washington, smaller economies will have even less wiggle room.

🎯 India’s Game Plan

New Delhi says:

  • “We’ll buy more US energy… maybe.” 🇺🇸

  • “But we’re not ditching Russia just yet.” 🇷🇺

  • Meanwhile, PM Modi is off to Russia and China for a big summit. Multitasking level: Legendary.

VicePro (source: Reuter)
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