Russia’s share in India’s oil imports jumps to all-time high of 48%, even as U.S. readies 100% tariffs

The U.S. Senate has passed a bill that will see tariffs of up to 100% being levied on top 5 countries importing Russian oil and gas; the Bill now awaits passage in the House of Representatives

Nigeria’s foreign exchange demand for oil sector imports surged by 115% in 2025, as revealed by the CBN. Discover the impact of this oil import FX jump.

India faces the prospect of up to 100% Trump tariffs for its Russian crude oil purchases.The US Senate on Friday approved a bill that could allow President Donald Trump to impose tariffs of up to 100% on goods from countries such as India and China that continue to buy Russian oil and gas and other exports, arguing tha

The bill, named in honour of Republican senator Lindsey Graham, a staunch supporter of Ukraine, was approved by the US Senate by an 86-11 vote.