Venezuela oil tariff

Tag: Venezuela oil tariff

U.S. Sanctions on Russian Oil and Trump’s 25% Tariff on Venezuelan Oil: Impact on India’s Economy

2025-03-26

This article analyzes the impact of U.S. energy policies on India’s economy, focusing on two key developments:Joe Biden’s January 2025 sanctions on Russian crude, which restricted oil shipments and financial transactions, causing supply chain disruptions for India. Donald Trump’s March 2025 decision to impose a 25% tariff on Venezuelan oil

U.S. Sanctions on Russian Oil and Trump’s 25% Tariff on Venezuelan Oil: Impact on India’s Economy

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