Navarro calls Ukraine “Modi’s war,” hits India over Russian oil #shorts #oil #putin #modi #india

Geopolitical & Economic Concerns - India's continued purchase of Russian oil undermines efforts to pressure Russia and indirectly funds the war in Ukraine [1][2][3][4] - The purchase of discounted Russian oil by India, refining it, and selling it at a premium impacts the US economy negatively, affecting consumers, businesses, workers, and taxpayers [3][4] - India's high tariffs are perceived to cost the US jobs, factories, income, and higher wages [4] - The path to peace in Ukraine is believed to run, at least in part, through New Delhi, highlighting India's potential influence [5] Trade & Diplomacy - There is a potential for a deal with India that could change the current situation, possibly involving a 25% discount if India stops buying Russian oil [1] - Discrepancies exist regarding tariffs, with India claiming not to have the highest tariffs globally, which is disputed [2]