Oil And Gas Trade With Russia : Nato Chief Warns India, China, Brazil of 100% Tariff

New Delhi : NATO Secretary General Mark Rutte issued a stern warning to India, China, and Brazil concerning their ongoing trade with Russia. Rutte highlighted the potential for severe sanctions if these countries continue to import Russian oil and gas amidst the ongoing tensions between Russia and Ukraine.
Mark Rutte further emphasised the need for diplomatic engagement, stating, My encouragement to these three countries, particularly, is, if you live now in Beijing, or in Delhi, or you are the president of Brazil, you might want to take a look into this, because this might hit you very hard. He urged the leaders to persuade Russian President Vladimir Putin to engage seriously in peace talks.
Previously, US President Donald Trump has threatened 100% tariffs on Russian exports, aiming to pressure Moscow into meaningful peace negotiations. A White House official stated, “At the end of 50 days, if we don’t have a deal, it’s going to be too bad. The escalation also sees Trump’s administration preparing to impose secondary tariffs on nations purchasing Russian oil. We can do secondary. We are probably talking about 100 per cent or something like that, he noted.
India is currently among the largest buyers of Russian crude oil, alongside China and Turkey. This places India at significant risk should Trump’s proposed sanctions be enforced, potentially disrupting energy supplies and increasing costs during a period of market instability.
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