99GOLD.NET · Market brief · Economy & rates

India Unlikely to Ditch Russian Oil Despite Trump's 100% Tariff Threat

Original date: Published here:
India Unlikely to Ditch Russian Oil Despite Trump's 100% Tariff Threat | Gold market brief illustration

India cannot and likely will not replace all the Russian crude oil it is importing despite the threat of 100% tariffs on its products in the United States, according to analysts. Earlier this month, U.S. President Donald Trump signed into law the “Lindsey O. Graham Sanctioning Russia and Iran Act of 2026,” which authorizes and expands statutory sanctions, tariffs, and prohibitions on Russia and extends existing sanctions on Iran. The law allows the President to potentially impose trade tariffs of up to 100% on countries…

Share this brief

On a phone, LINE opens the app with the headline and link. Desktop LINE and Facebook previews use this page’s image: a photo only when the host serves it as an image, otherwise the site quote card. Not a shop board price.

LINEFacebook

About this brief

Where does this market brief come from?

This brief summarizes or translates an external media report or institutional release. The original link is shown on the page. It is separate from analysis written by this site.

Can I trade gold on this?

No. Briefs and quotes on this site are reference information only, not investment or trading advice.

Related gold price knowledge

This article lines up with London gold vs COMEX, What is COMEX gold?, and Reading today’s gold: BOT vs COMEX. Figures are for reference only — not a shop or bank board price.

Read original ↗

Information and analysis are not personal investment advice.

← Market news