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India warns new US tariffs over Russian oil may hit ties, vows to protect energy security
NEW DELHI: India has warned Washington that new measures to levy tariffs over the purchase of Russian oil could impact bilateral ties, the South Asian nation’s foreign ministry said on Thursday, hours after the US made a new move to punish such buyers. Earlier in the day, the US House of Representatives passed a sweeping sanctions and tariff bill intended to increase economic pressure on Russia over its invasion of Ukraine. The bill, now sent to President Donald Trump to sign into law, authorizes him to impose stiff tariffs of up to 100percent on China, India and other countries to reduce thei...
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