India’s Russian Oil Dilemma Is Bigger Than Just 100 Percent Tariff

By R. Suryamurthy The most consequential question arising from Washington’s latest sanctions legislation is not whether the United States can impose a 100 percent tariff on countries buying Russian oil. It is whether India can continue to conduct an independent energy policy when access to its largest export market is increasingly being linked, directly or […]
The article India’s Russian Oil Dilemma Is Bigger Than Just 100 Percent Tariff appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).




By R. Suryamurthy Few economic variables carry the political volatility of oil prices in India. When global crude rises, inflation anxieties spread quickly across households, transport costs ripple through supply chains, and governments scramble to contain the political fallout. Yet the latest oil shock — triggered by tensions involving the US-Israel-Iran war— has exposed a […]

By R. Suryamurthy When Prime Minister Narendra Modi ascends the Red Fort on August 15 to deliver his Independence Day address, the nation will be listening for the usual rhetoric of progress, resilience, and pride. This year, the subtext must be different. With a possible face-off with U.S. President Donald Trump looming at next month’s […]


