Trump tariff

India will keep buying Russian oil despite Trump demands

September 5, 2025

(World Oil)– India’s Finance Minister Nirmala Sitharaman said the country will continue buying Russian oil, signaling its intent to defy U.S. President Donald Trump’s persistent demands to halt the purchases. U.S. President Trump has imposed 50% tariffs on India in retaliation for Russian oil purchases “Where we buy our oil from, especially a big-ticket foreign exchange item where we pay

China’s purchases stall after Trump’s tariff threat on buyers of Venezuelan oil

March 25, 2025

(Oil Price) – China, the biggest buyer of oil from Venezuela, saw trade with Venezuela stall on Tuesday after U.S. President Donald Trump threatened on Monday 25% tariffs on the goods of any country buying Venezuelan oil. Traders and refiners in China were caught off guard by Monday’s executive order and are waiting to see whether Beijing will have some direction on the

India will keep buying Russian oil despite Trump demands

China’s purchases stall after Trump’s tariff threat on buyers of Venezuelan oil

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