Tag: INDIA

  • INDIA PURCHASES NIGERIAN CRUDE AS DANGOTE IMPORTS U.S. OIL

    INDIA PURCHASES NIGERIAN CRUDE AS DANGOTE IMPORTS U.S. OIL

    Indian state refiners, such as Indian Oil Corporation and Bharat Petroleum, are increasingly purchasing Nigerian crude oil, with recent deals for millions of barrels for September and October deliveries, shifting away from Russian crude due to U.S. pressure. Meanwhile, Nigeria’s Dangote Petroleum Refinery, despite being Africa’s largest, is heavily reliant on U.S. crude imports, which…

  • TRUMP SLAPS 25% TARIFF ON INDIA FOR BUYING RUSSIAN OIL

    TRUMP SLAPS 25% TARIFF ON INDIA FOR BUYING RUSSIAN OIL

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    U.S. President Donald Trump  has signed an order imposing an additional 25% tariff on Indian goods due to India’s ongoing purchase of Russian oil, which supports Moscow’s war in Ukraine. The tariff, effective in three weeks, adds to a separate 25% tariff starting Today.  Meanwhile Exemptions apply to goods like pharmaceuticals and those under sector-specific…