Big answer to American tariff, Russia gives ‘heavy discounts’ on oil to India, Trump will get chili
Russia gives huge discount on oil to India
US President Donald Trump has imposed an additional tariff on India and is accused of buying oil from Russia and indirectly being a partner in Russia Ukraine War. India has given a befitting reply to Trump’s tariff threats and India is continuing to buy oil from Russia ignoring his threats. Now there is news for Trump that his anger can reach the seventh sky because Russian crude oil has become cheaper for Indian refineries.
According to media reports, Russia has further increased the exemption on oil to India and now the discount has been barrels at $ 3-4 per barrel. Let me tell you that this discount was being given to India last week, while in July there was one dollar per barrel. Now India will get Russian oil and cheaper and these new rates will apply to the oil to be sent to India in September and October.
Trump doubled the tariff
The Trump administration had doubled the tariff to 50 percent last week to punish him to buy Russian oil and promote Ukraine War. At the beginning of the Russia-Ukraine War, India became a major importer of Russian crude oil in 2022. Now, after America’s repeated threats, India has made itself more friendship with Russia and China, performing an impeccable performance of its relations.
Message big from Shanghai Summit
At the Shanghai Cooperation Organization Summit in China, Prime Minister Narendra Modi had said that there are “special” relations between Russia and India. Similarly, he also met Chinese President Xi Jinping, and both countries pledged to become a partner, not a rival.
America accused India
White House advisor Peter Navarro had a sharp criticism of India, saying, “Before Putin’s invasion of Ukraine, India was a very small amount of Russian oil.
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