Will Have To Cross That Bridge: Jaishankar On USs 500% Tariff On Russian Oil Imports
Reacting to US plans to impose 500% Tariffs on the import of Russian Oil, EAM said, "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."
While addressing a press conference, he highligitd that India's concerns and interests on energy, security have been made conversant to Graham.
"We'll then have to cross that bridge when we come to it, if we come to it," he added.
Graham's sanctions bill on Russia would impose a 500 per cent tariff on imports from any nation that purchases Russian oil, gas, uranium and other products, The Hill reported. The bill has over 80 co-sponsors in the Senate, potentially making it veto-proof.
After the war erupted between Russia and Ukraine, the US and Western nations imposed sanctions on Moscow. However, India has continued to purchase oil from Russian.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
17 minutes ago
- Indian Express
In sixth call since January, Putin tells Trump: Russia ‘will not step back from goals' in Ukraine
US President Donald Trump and Russian President Vladimir Putin spoke by phone on Thursday, their sixth publicly known conversation since Trump returned to the White House in January. According to the Kremlin, the leaders discussed a range of global flashpoints including Ukraine, Iran and broader US-Russia relations. On the war in Ukraine, Putin's top foreign policy adviser Yuri Ushakov said Trump 'again emphasised the importance of a quick cessation of hostilities.' Putin, meanwhile, reiterated Moscow's position that it is ready for talks with Kyiv, but under conditions that would secure what he called Russia's 'goals' in Ukraine. These include Ukraine's withdrawal from its NATO bid and recognition of territory Russia has seized since its 2022 invasion. Putin repeated claims that Russia invaded to fend off NATO expansion and defend Russian-speaking populations — assertions flatly rejected by Kyiv and the West. While Thursday's call made no mention of recent US policy changes, it came amid the Pentagon's confirmation that it is pausing some weapons shipments to Ukraine to reassess military stockpiles. The delayed supplies reportedly include air defense missiles and precision-guided artillery. On Iran, Ushakov said the Russian president stressed the need to resolve tensions 'by political and diplomatic means.' The call came just days after US airstrikes on June 22 targeted three locations inside Iran. Ukrainian President Volodymyr Zelenskyy, speaking in Denmark after a meeting with EU leaders, said he expects to speak with Trump 'in the coming days' about the implications of the pause. 'I'm not sure that they have a lot of common ideas, common topics to talk [about], because they are very different people,' Zelenskyy said when asked what he expected from the Trump-Putin exchange. The latest call adds to a string of resumed high-level contacts between Trump and Putin, signaling their shared interest in thawing US-Russia relations, which have deteriorated dramatically since Russia's invasion of Ukraine. The conversation also came just two days after Putin spoke directly with French President Emmanuel Macron — their first call in nearly three years.
News18
22 minutes ago
- News18
'He Could Get Offended': Putin Rushes Out Of Conclave To Keep Trump From Waiting Too Long
Last Updated: Russian President Putin left the Strong Ideas forum to speak with US President Trump. They discussed Middle East tensions and Ukraine, emphasizing diplomatic solutions. Russian President Vladimir Putin rushed to leave a plenary session of the Strong Ideas for a New Time forum to promote new projects, in a hurry, as he was scheduled to speak with US President Donald Trump on Thursday. Putin was attending the forum held by the Agency for Strategic Initiatives. The talks between the two leaders marked their sixth known discussion since Trump resumed office. The talks are also happening against the US's unsuccessful attempts to mediate a Ukraine ceasefire. The Russian President apologised to the host and the crowd and announced that he is going to have a phone call with Trump and requested the audience, 'Please, don't be angry. I understand that we could talk more, but it's so awkward to make [Trump] wait; he could get offended." Putin rushes to talk to Trump, lest he gets offended for being made to wait — RT (@RT_com) July 3, 2025 According to RT News, the two leaders discussed Middle East tensions 'in great detail". The Russian leader emphasised that all issues need to be solved by diplomatic means. The presidents also agreed to stay in close contact. RT News further posted on X, 'Putin wished Trump SUCCESS in implementing his BBB and congratulated him on the upcoming Independence Day. The Russian leader noted that their countries are connected by deeper historical roots." Noting that the call lasted almost an hour, Ushakov added, 'He also mentioned the Russian side's readiness to continue the negotiation process." Putin stressed the need for diplomatic solutions to conflicts involving Iran and other Middle Eastern issues during his discussion with Trump. 'From the Russian side, the significance of resolving all disputed issues, disagreements, and conflicts exclusively through political and diplomatic means was stressed," Kremlin aide Yuri Ushakov relayed to reporters after the call. First Published:
&w=3840&q=100)
Business Standard
23 minutes ago
- Business Standard
Russia won't back down from Ukraine war objectives: Putin tells Trump
Russian President Vladimir Putin told his American counterpart Donald Trump that Russia would not step back from its original goals during a telephone conversation the two leaders had on Thursday, Reuters reported. However, he was open to a negotiated end to the war with Ukraine, a Kremlin aide was quoted as saying. "Our president also said that Russia will achieve the goals it has set: that is, the elimination of the well-known root causes that led to the current state of affairs, to the current acute confrontation, and Russia will not back down from these goals," Putin's aide Yuri Ushakov said. Earlier in the day, Trump, in a post on Truth Social, had announced, 'Will be speaking to President Putin of Russia at 10:00 a.m. Thank you!' Meanwhile, Putin rushed out of a plenary session to attend the call. He apologised to the host and the crowd and announced that he was going to have a phone call with Trump, requesting the audience, "Please, don't be angry. I understand that we could talk more, but it's so awkward to make [Trump] wait, he could get offended," according to video footage released by Russia Today. Putin rushes to talk to Trump, lest he gets offended for being made to wait — RT (@RT_com) July 3, 2025 This was the two leaders' sixth publicly known conversation since Trump's inauguration in January. In their last phone call, held a month ago, Trump and Putin also spoke about rising tensions in West Asia, including the Israel–Iran conflict. Russia, a close partner of Iran, has offered to mediate in the region. Pause in weapons supply surprises US allies Earlier this week, the White House suspended deliveries of 155 mm artillery rounds and Patriot air-defence systems — essential supplies for Ukraine's defence against Russian missile and drone attacks. The decision, as per media reports, surprised both Kyiv and its Western allies. The pause followed a review of US stockpiles, which found that reserves had dropped to concerning levels, said the Bloomberg report.
