India’s Refiners Demand Clarity on Russian Oil After Trump Post

India’s oil refiners, a vital source of demand for Russian crude, are seeking clarification from the government in New Delhi as to whether their purchases will be affected by Donald Trump’s latest social media post.

On Wednesday, the US President said that he would impose a tariff rate of 25% on India’s exports to the US starting on Aug. 1 and warned of an extra penalty because of the country’s continued energy purchases from Russia.