๐บ๐ธ๐ฅA proposed US bill with a massive 500% tariff on Russian oil buyers has sparked global concern, particularly for India. But External Affairs Minister S. Jaishankar isn't fazed, stating India will "cross that bridge when we come to it." ๐ฃ๏ธ๐ฎ๐ณ
The Tariff Threat Explained ๐ธ
US Senator Lindsey Graham's bill, backed by Donald Trump, targets nations like India and China for buying Russian oil. The aim? To cripple Russia's war funding. This could make discounted Russian oil far more expensive for India, impacting its exports to the US. ๐
India's Diplomatic Playbook ๐ค
Jaishankar confirms India's embassy is in constant touch with US lawmakers, asserting India's crucial energy security interests. India has boosted Russian oil imports due to attractive prices, a pragmatic move for its energy needs. ๐
What's Next? ๐ค
The bill's fate is uncertain. India remains prepared for this tightrope walk, balancing its energy needs, strategic autonomy, and vital US relationship. It's a watchful waiting game! ๐ง๐
