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India, Russian oil

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US Treasury chief Bessent accuses India of profiteering on Russian oil purchases
U.S. Treasury Secretary Scott Bessent on Tuesday accused India of profiteering from its sharply increased purchases of Russian oil during the war in Ukraine, saying Washington viewed the situation as unacceptable.

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BW Businessworld · 1h
US Treasury Secy Slams India’s Russian Oil Trade, Hints At Tariff Action
Treasury Secretary Bessent: India is profiteering from Russian oil
"Opportunistic arbitrage is unacceptable": US Treasury Secy on India's Russian oil trade
US Treasury Secretary Scott Bessent on Tuesday (local time) criticised India 's import of Russia n oil, saying the country is profiting from the ongoing Ukraine war.

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India Today · 11h
Spare China but hit India: US Secretary of State defends Russian oil hypocrisy
Russia has 'special mechanisms' to supply oil to India, embassy official says
‘Unjustified’: Russia on US pressure on India for buying Russian crude oil
Babushkin said, “Sanctions are hitting those who are imposing them, disrespecting national interests. Pressure on India not to buy Russian oil is unjustified.”

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‘India profiteering from Russian oil’: US Treasury Secretary says China’s case ‘entirely different’
‘Buying cheap, reselling it’: US Treasury Secretary Scott Bessent’s sharp dig at India’s Russian oil trade

Daily on Energy: Bessent bashes India, offshore leasing schedule set, and Endangerment Finding hearings

We are following the discussions regarding a peace deal between Russia and Ukraine, and what the negotiations might mean for global energy markets.

India’s ‘richest families’ benefitting from reselling Russian oil, claims US

New Delhi’s imports of oil from Russia had jumped from less than 1% before the war to 42%, claimed United States Treasury Secretary Scott Bessent.
The Japan Times6m

Modi hails China ties as Washington takes swipe at India's 'richest families'

New Delhi has been recalibrating its foreign policy more toward China and other BRICS group members after U.S. President Donald Trump threatened to boost tariffs.

Trump imposed tariffs on India to end Russia-Ukraine war, says White House

U.S. Treasury Secretary accuses India of profiteering by reselling Russian oil, sparking tensions with the U.S. and China.

'Based on false facts': Kanwal Sibal on top US official's 'India made profits' claim to defend US tariffs

In a post on X (formerly Twitter), Sibal claimed that Bessent is actively contributing to the deterioration of the India-US relationship. "Bessent is contributing actively to creating tensions with India. Based on false facts to boot," he said on social media.
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