Tariffs of Opportunity: How a US Bill Could Backfire on India The latest developments in Washington have sent shockwaves through the global energy market, with India emerging as a key player in the unfolding drama.
A bill currently making its way through the US House of Representatives could grant President Trump the power to impose tariffs of up to 100% on countries buying Russian oil and gas.
Ostensibly aimed at increasing economic pressure on Moscow, this move has significant implications for India's energy imports and bilateral relations with the US.