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Trump Blames India For Russian Oil Trade

CNN on MSN · 1h

Trump announces new additional 25% tariff on India as punishment for importing Russian oil

President Donald Trump announced an additional 25% tariff on India as punishment for importing Russian oil, according to a document posted on the White House website — an escalation of his trade battle with New Delhi and his first use of so-called secondary sanctions on countries the US says are fueling Moscow’s war machine.

Bloomberg · 30m

Trump Targets India Oil Buying, Shadow Fleet to Pressure Putin

US President Donald Trump may follow up on hits additional 25% tariff on India for its purchases of Russian oil with other measures to force Vladimir Putin to end the war in Ukraine.

BBC on MSN · 43m

Trump-Modi ties hit rock bottom with new tariffs on India over Russian oil

Trump has now imposed a total of 50% tariffs on goods imported from India, and his earlier threat of levying an extra 10% for the country's membership in the Brics grouping, which includes China, Russia and South Africa as founding members, still stands.

2 Russian oil refineries cut production

Russian oil exports will rise after drone strikes shut refineries, sources say

Russia plans to increase exports from its western ports to nearly two million barrels per day in August, about 200,000 bpd more than a previous estimate, after two refineries cut runs following Ukrainian drone attacks,

2 Russian oil refineries cut production after Ukrainian drone attacks, Reuters reports

Russia's Ryazan oil refinery halved its production and the Novokuibyshevsk refinery halted it completely on Aug. 2 after Ukrainian drone attacks, Reuters reported, citing undisclosed sources.

Ukrainska Pravda on MSN · 1d

Russia's Ryazan oil refinery halves output and Novokuybyshevsk stops operation after drone attack – Reuters

The Ryazan oil refinery, operated by Russian oil giant Rosneft, halted roughly half of its processing capacity following a drone strike on 2 August. Source: Reuters Details: According to sources, two major refining units were shut down after the attack – CDU-3 with a capacity of 8,

1hon MSN

U.S. Crude Oil Stockpiles Fall As Imports Slip, Exports Rise

U.S. crude oil inventories fell by 3 million barrels last week as imports dropped, exports rose, and refineries raised their ...

1hon MSN

World shares mixed, oil gains for first time in five sessions

Global shares were mixed on Wednesday, with most major Wall Street equity indexes nudging higher and European shares ...

13h

BP to review oil and gas projects to boost profits

BP has been under ongoing pressure from investors for underperforming compared to its rivals in recent years. In February, BP ...

4hon MSN

Colts announce new concessions at Lucas Oil Stadium ahead of 2025-26 NFL season

Blue’s Churro Fry Pie is presented for tasting Tuesday, Aug. 5, 2025 during the Colts 2025 Culinary Showcase at Lucas Oil ...

2h

TotalEnergies sells 45% stake in Argentina oil and gas blocks to YPF for $500 million

TotalEnergies said on Wednesday that its affiliate Total Austral had agreed to sell its 45% interest in two unconventional ...

American oil and gas are taking opposite paths

The U.S. is the world’s biggest producer of both crude oil and natural gas. One fuels our cars and airplanes. The other heats ...

1d

Oil Producer Pressure, Trump Rollbacks Threaten Global Treaty on Plastics Pollution

Diplomats and climate advocates warn that efforts by the European Union and small island states to cap virgin plastic ...

5h

Iraqi minister expects oil exports via Turkey pipeline to resume shortly, state news agency says

Ghani, said on Wednesday that oil exports through Turkey’s Ceyhan pipeline will resume later on Wednesday or Thursday after a ...

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