Trump Slaps India with 25% Tariff Shockwave Over Russian Oil Imports
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Washington turns the screws—New Delhi caught in geopolitical crossfire.
The Price of Neutrality
India's energy calculus just got 25% more expensive overnight. The Trump administration's latest tariff volley—a direct hit for buying discounted Russian crude—sends a blunt message: pick sides or pay up.
Petrodollar Paradox
While Wall Street banks still quietly facilitate ruble trades behind the scenes, sovereign nations get penalized for pragmatic energy deals. Classic Washington logic—do as we say, not as we do.
Market Fallout
Brace for ripple effects across INR forex pairs and energy stocks. Analysts predict inflationary pressures as India's refiners scramble to absorb costs—or pass them to consumers already choking on rupee depreciation.
Another masterclass in economic diplomacy where everyone loses except the usual suspects: arms dealers and volatility traders.