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Not worried about US sanctions on Russia oil imports

Mint Bangalore

|

July 18, 2025

India is not worried about threats of US sanctions on countries that buy Russian oil as there is enough supply in the market, petroleum minister Hardeep Singh Puri said.

- Rituraj Baruah

Addressing Urja Varta 2025, an annual upstream oil and gas conclave, Puri added that more oil would come in, easing prices further.

President Donald Trump recently said the US could impose 100% tariffs on Russia and "secondary tariffs" on countries importing its oil—mainly China and India—if Moscow didn't agree to a deal to end the Ukraine war in 50 days.

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