India’s Russian Oil Dilemma | Global News
India’s cozy deal with Russia for discounted oil is under fire as U.S. lawmakers threaten 100% tariffs on buyers of Russian crude — putting India in a bind. While the oil has kept energy affordable for over a billion people and helped stabilize global markets, rising costs, shipping risks, and potential U.S. trade retaliation make alternatives costly and complex. India insists it’s not funding war — but now faces pressure to pivot, risking higher prices and strained ties with its biggest export market.
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