Trump doubles tariffs on India to 50%. Why the big issue is Vladimir Putin and Russian oil. - MarketWatch
1. Trump doubles tariffs on India for importing Russian oil to 50%. 2. Increased tariffs take effect in three weeks, impacting India's energy costs. 3. India is the second-largest importer of Russian oil since February 2022. 4. Oil futures spiked after the announcement, indicating market reaction. 5. The tariffs may influence BRN00's pricing due to changing oil dynamics.