By Admin 
Sanctions on russian oil: Amidst Ukraine-Russia war, there is constant pressure from America to eliminate it. When Moscow attacked Ukraine in the year 2022, after that the Western countries imposed a ban on it, on the other hand, they also stopped purchasing oil from him. However, India further increased the purchase of crude oil from Russia.
The cheap crude oil received by India from Russia gave him tremendous relief on the economic front. Gulf countries were the main suppliers of oil for India, depending on about 85 percent of the oil imports, but Russia replaced it for the last three years.
But, now India and China are being threatened by buying cheap oil from Russia. It is being said from the US that a tariff of 100 percent will be imposed on any country which will buy oil with Russia. US President Donald Trump is constantly engaged in putting such pressure on Russia’s President Vladimir Putin to end the Ukraine-Russia war.
Will you break on cheap oil?
However, for this, Trump has given 50 days of time. He said that we are very angry with Russia and if Russia is not able to settle with Ukraine for fifty days, then we are going to put very high tariff rates. Tariff called it a secondary tariff. NATO Secretary General Mark Rutte has also threatened to put 100 percent secondary tariffs over India-China and Brazil on buying oil with Russia in a similar way. Also, he asked these countries to explain to President Putin for a peace agreement with Ukraine.
On the other hand, Trump’s supporter Senator Lindsay Graham is constantly advocating the law Sanctioning Russia Act of 2025. Talking about imposing 500 percent tariffs over those countries, which are buying oil, gas, uranium or petrochemical from the country.
Will India stop oil from Russia?
In fact, Indian Petralium and Natural Gas Minister Hardeep Singh Puri said on Thursday that India is unaware of the threats of US sanctions as there is sufficient supply in the oil market. With this, Puri expected the prices fall. Talking about the secondary tariff, Puri said that about 10 percent of the global oil comes from Russia. In such a situation, if Russia is excluded from the supply of oil, then its price will reach $ 130 per barrel. He said that Türkiye, China, Brazil and European Union (EU) have also continued to purchase oil and gas from Russia.
He said that it has two options- first that after the ban on Russia, the world will either reduce the consumption of 10 percent oil and gains. This will mean that heaters will not run in winter, AC will not work in summer. Some traffic will have to be discontinued. Or those who are supplying 90 percent of the remaining 90 percent, they will have to increase its supply. That is, it would directly mean that oil prices will touch the sky.
But, if Russia is really imposed by America, then India will have to turn to its old traditional oil supplier West Asian countries. Brazil can play an important role in this.
According to the CREA, India is currently dependent on imports from more than 33 percent of its needs from Russia. After the ban on Russia oil, China is buying 47 percent from it, India 38 percent, European Union 6 percent and Türkiye 6 percent oil. But in the year 2022, only 2.1 percent of oil imports in India came from Russia. That is, this surge in oil imports came during the financial year 2024-25 when oil imports have increased by 35.1.
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