"Clean Up Your Act": Team Trump Warns India and China Over Russian Oil Trade
"Clean Up Your Act": Team Trump Warns India and China Over Russian Oil Trade The global energy landscape is facing a fresh tremor following recent sharp warnings from Washington. As the United States Congress pushes forward with aggressive legislative measures to squeeze Moscow’s wartime revenues, top political figures have directly pointed fingers at major Asian economies. The message is unmistakable: align with Western trade policies, or face heavy economic retaliation. The Catalyst: The New Sanctions Package The tensions escalated after the US Congress passed a high-stakes sanctions bill—the Sanctioning Russia and Iran Act —aimed directly at dismantling financial pipelines supporting Russia's military operations. With strong bipartisan backing, the legislation grants the US President sweeping new powers to levy tariffs of up to 100% (and potentially higher on specific Russian-origin goods) on nations that continue importing Russian crude oil and natural gas. Weighi...