'US Asked Us To Buy Russian Oil, Levied Tariff, Then Lifted It': S Jaishankar

India emerged as a major purchaser of Russian oil following the 2022 invasion of Ukraine and subsequent Western sanctions. The United States reportedly approached India with a request to buy Russian oil, a move that was followed by the imposition of tariffs, which were later lifted.

This situation highlights the complex geopolitical and economic dynamics surrounding energy markets. India, seeking to secure affordable energy resources, increased its imports of Russian crude oil after Western nations, including the US, implemented sanctions and a price cap on Russian oil exports. The US's shifting stance, from requesting purchases to levying tariffs and then removing them, underscores the evolving international approach to managing Russian energy trade.

The increased trade in Russian oil with India occurred within the broader context of global efforts to penalize Russia for its actions in Ukraine. While many Western countries reduced or halted their purchases, India, along with other nations, continued to import Russian oil, often at discounted prices. This has allowed India to manage its energy needs while navigating international pressure.

“

US Asked Us To Buy Russian Oil, Levied Tariff, Then Lifted It