US President Donald Trump had stated that he would impose a 500% tariff on countries trading with Russia. India continues to purchase crude oil from Russia. Therefore, there is a risk that India could also face a 500% tariff.

US President Donald Trump had stated that he would impose a 500% tariff on countries trading with Russia. India continues to purchase crude oil from Russia. Therefore, there is a risk that India could also face a 500% tariff.