Reducing Russian crude imports: India wants US to allow oil from Iran, Venezuela; 25% penal tariffs in focus

Since the Russia-Ukraine conflict began in 2022, India has significantly increased its crude oil imports from Russia. (AI image) India, faced with 25% additional penal tariffs for its crude trade with Russia, has reportedly asked the US to allow oil imports from Iran and Venezuela.Following international sanctions due to the Ukraine conflict, Russia began offering […]

April 2 ‘Liberation Day’: What time will Trump announce reciprocal tariffs and what to expect?

US President Donald Trump US President Donald Trump’s long-promised ‘Liberation Day’ has arrived, with global attention fixed on his latest move to reshape trade policies. Trump is set to announce a sweeping set of tariffs on Tuesday at 4 pm Eastern Time (2000 GMT / 1.30 am IST on April 3) from the White House […]