Friday, 5 September 2025

We Will Continue To Buy Russian Oil; GST Reforms Will Offset Tariff Impact: Sitharaman

Zee News The Union Minister reiterated that the contribution of crude oil to India's import bill is the highest. The minister's statement has come at a time when the President of the United States, Donald Trump, has accused India of buying Russian oil and funding the Ukraine war, and has imposed a 50 per cent import tariff, effective from August 27. https://ift.tt/5LuEDdY September 05, 2025 at 09:43PM The Union Minister reiterated that the contribution of crude oil to India's import bill is the highest. The minister's statement has come at a time when the President of the United States, Donald Trump, has accused India of buying Russian oil and funding the Ukraine war, and has imposed a 50 per cent import tariff, effective from August 27.

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