Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

OPEC Moves Meeting to Saturday as Group Weighs Another Hike

July 4, 2025

Oil Prices Dip on Expectations of Another OPEC+ Production Hike

July 4, 2025

UK Local Authorities Plan £67 Billion in Climate Projects: CDP Report

July 4, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » India conveys concerns to US Senator on Russian oil ‘tariff’, Energy News, ET EnergyWorld
Oil & Stock Correlation

India conveys concerns to US Senator on Russian oil ‘tariff’, Energy News, ET EnergyWorld

omc_adminBy omc_adminJuly 4, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


External Affairs Minister S Jaishankar said India has officially expressed its concerns to US senator Lindsey Graham on a proposed bill seeking to impose a 500 per cent tariff on countries importing crude oil from Russia.

“Regarding Senator Lindsey Graham’s bill, any development which is happening in the US Congress is of interest to us if it impacts our interest or could impact our interest. So we have been in touch with Senator Lindsey Graham. The embassy, ambassador have been in touch,” Jaishankar told reporters in Washington on Wednesday.

He said Graham has been made aware of India’s concerns and interests in the energy and security space. “We’ll then have to cross that bridge when we come to it, if we come to it,” he added.

Experts on Russian-US affairs indicated that India could be seeking a waiver under the bill.

The bill proposes to levy a 500 per cent tariff on any nation that buys Russian oil, natural gas, uranium, and other products. The bill has over 80 co-sponsors in the Senate, potentially making it veto-proof.

Speaking to ABC news on Sunday, Graham claimed US President Trump told him that the sanctions bill should be brought forward for a vote.

Earlier in May, Graham said he is in touch with Trump about the bill. Republican lawmakers have indicated they are worried about moving the bill but are waiting for Trump’s approval before bringing it to the floor of the Senate.

The proposed bill comes amid efforts by the White House to stabilise ties with the Kremlin.

Meanwhile, Jaishankar also acknowledged the challenge of finding consensus among international partners. He said countries are not supporting each other “sufficiently enough” when countering terrorism.

“Part of diplomacy is to exhort them, encourage them, persuade them, motivate them to do that, and which is why it’s important to speak up, and which is why it’s important to carry them with us to the best possibility,” he said.

Published On Jul 4, 2025 at 08:09 AM IST

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETEnergyworld industry right on your smartphone!



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Oil dips ahead of expected OPEC+ output increase, Energy News, ET EnergyWorld

July 4, 2025

Saudi Aramco considers power assets sale to raise billions, Energy News, ET EnergyWorld

July 4, 2025

Shell deepens India market reach through Raj Petro acquisition, ET EnergyWorld

July 4, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20254 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20253 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

UK Local Authorities Plan £67 Billion in Climate Projects: CDP Report

By omc_adminJuly 4, 2025

Climate Commitment Surges: 96% of UK local authorities now have climate action plans—up from 58%…

Luxembourg Stock Exchange Launches Transition Finance Gateway Using Net Zero Tracker Data

July 4, 2025

Turkey Sets 2030 Target to Cut Aviation Emissions by 5% Using Sustainable Fuel

July 4, 2025

Green Climate Fund Approves Record $1.225B for Climate Projects

July 4, 2025
Top Trending

Phlair, Carbon Removal to Develop Largest DAC Carbon Removal Project in Europe

By omc_adminJuly 4, 2025

Extreme heatwaves may cause global decline in dairy production, scientists warn | Extreme heat

By omc_adminJuly 3, 2025

Impact Investor responsAbility Appoints Nadia Nikolova as New CEO

By omc_adminJuly 3, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

ChatGPT and Claude Planned My Vacation. Here’s How They Compared.

July 4, 20250 Views
Our Picks

OPEC Moves Meeting to Saturday as Group Weighs Another Hike

July 4, 2025

How Has USA Energy Use Changed Since 1776?

July 4, 2025

Ocean Installer Awarded EPCI Contract for Var Energi’s Balder Project

July 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.