India's Russian Oil Imports Surge Amidst US Tariff Threats
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Insights by Echo AI
Indian Foreign Minister Subrahmanyam Jaishankar's visit to Russia comes as the U.S. threatens a 100% tariff on countries buying Russian oil, gas, and uranium. India's dependence on Russian oil has reached record highs due to supply cuts from the Middle East, with Russian supplies accounting for over 50% of India's imports. Despite threats, India continues to import Russian oil, leading to potential U.S. tariffs.
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