Event Brief
US to Lift 25% Tariff on India's Russian Oil Imports
Filed: Feb 02, 2026 at 1:06 PM ET
Summary: The US will remove a 25% penalty on India for purchasing Russian oil, according to New Delhi officials.
WHO: US Government, Indian Officials
WHAT: Removal of 25% tariff on Russian oil purchases
WHEN: Feb 02, 2026 at 12:37 PM ET
WHERE: New Delhi, India
WHY: To facilitate oil trade between India and Russia
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