Energy Watch: Middle East
SEE OTHER BRANDS

Fresh energy news from the Middle East

Rubio states India’s oil trade with Russia is ‘point of irritation’

(MENAFN) US Secretary of State Marco Rubio described India’s ongoing purchase of Russian oil as a “point of irritation” affecting its relationship with the United States. In an interview with Fox Radio on Thursday, Rubio acknowledged that while the US and India are strategic partners, they do not always align on every issue.

He noted India’s significant energy demands and the availability of alternative suppliers, yet the country continues to buy discounted Russian oil due to sanctions that have lowered its price. Rubio pointed out that this trade inadvertently supports Russia’s war efforts, adding tension to US-India ties.

Earlier, President Donald Trump announced 25% tariffs on imports from India along with penalties related to its economic and defense relations with Russia. Trump also criticized India’s trade policies on his Truth Social account, accusing the country of maintaining high tariffs and having limited business with the US.

In addition, the US State Department has sanctioned eight Indian companies and five individuals for violating sanctions by trading in Iranian oil and petrochemical products. The Iranian Embassy in New Delhi condemned these actions as violations of international law and national sovereignty, while India has yet to officially respond.

MENAFN03082025000045015687ID1109877828

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions