US PoliticsWhat to Know About India’s Purchases of Russian OilIndia may be forced to choose between the United States and Russia.00CopyFacebookXTruthGettrLinkedInTelegramEmailSavePrintRussian President Vladimir Putin (R) shakes hands with Indian Prime Minister Narendra Modi during a joint news conference before the Eastern Economic Forum in Vladivostok, Russia, on Sept. 4, 2019. Mikhail Metzel/AFP via Getty ImagesAndrew Moran8/6/2025|Updated: 8/6/20250:00X 1President Donald Trump issued an executive order on Aug. 6, raising the tariff rate on Indian goods entering the United States to 50 percent.Trump pointed to India’s continued purchases of Russian crude oil as justification for the significant increase in levies on the nation’s exports.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.Share this articleLeave a commentAndrew MoranAuthorAndrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."Author’s Selected ArticlesSeptember Producer Inflation Rises as Goods Costs AccelerateNov 25, 2025Private-Sector Job Losses Accelerated in Past 4 Weeks: ADPNov 25, 2025Shoppers Keep Their Wallets Open as US Retail Sales Tick Up in SeptemberNov 25, 2025SitusAMC Cyberattack Triggers Alarm Across Wall Street BanksNov 24, 2025
