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Trump Backs 500% Russian Oil Tariff, Exits India ISA — SkimNews

By The Hindu · Summarized & edited by · 2026-07-17
Trump Backs 500% Russian Oil Tariff, Exits India ISA

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Why it matters: India is a major buyer of Russian oil, so a 500% tariff threat targets its energy imports directly while the ISA exit strips India of a flagship diplomatic platform. Gor's January 12 arrival, coupled with his stated 'top priority' of ending Indian Russian oil purchases, makes energy leverage the opening agenda item of the new bilateral chapter.

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