New tariff threat more of a pressure tactic: Oil industry

Indian oil executives perceive this as a tactical pressure play in ongoing trade negotiations rather than a serious ultimatum. The intention appears to be to coerce India while nudging Russia towards a more peaceful resolution.

Jan 10, 2026 - 02:30
 0
New tariff threat more of a pressure tactic: Oil industry
Indian oil executives perceive this as a tactical pressure play in ongoing trade negotiations rather than a serious ultimatum. The intention appears to be to coerce India while nudging Russia towards a more peaceful resolution.

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