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India hits back at US, EU duplicity over its Russian oil imports
Daily FT
|August 06, 2025
Government of India says targeting of India is unjustified and unreasonable Says India will take all necessary measures to safeguard its national interests and economic security Points to how both US and EU continue to maintain extensive trade relations with Russia Asserts that US and EU continue to import energy, metals, fertilisers, uranium and other chemicals and high-value industrial goods from Russia
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THE Government of India has strongly rebutted criticism from the United States and the European Union over its continued imports of Russian oil, calling the stance unjustified and marked by double standards.
Earlier this week, US President Donald Trump threatened additional tariffs on India. “India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits,” Trump posted on Truth Social. “Because of this, I will be substantially raising the Tariff paid by India to the USA.” The US has already slapped a 25% tariff on Indian exports to the US.
This story is from the August 06, 2025 edition of Daily FT.
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