Trump Puts Hold on Russian Oil Tariff Law Hitting India
US President Donald Trump has put on hold a law that allowed 100% tariffs on India and four other countries for buying Russian oil. The move gives India temporary relief, according to the reports.
पृष्ठभूमि
Context: The law, known as the Graham Act, targets countries that buy Russian energy, which is linked to the war in Ukraine. India has bought large amounts of discounted Russian crude since 2022, so the outcome affects its oil costs.
बर्निंग पोटैटो स्कोर: 29%