US Pressures India on Russian Oil, Demands Clear Stance Amid Tariff Threats: GTRI

• US is pressuring India to decide on Russian oil imports, threatening higher tariffs on Indian goods, as per GTRI.
• Indian exports to the US already face a 50% tariff, partly due to continued Russian crude purchases.
• US Congress, led by Senator Lindsey Graham, proposes legislation for sweeping secondary tariffs on countries buying Russian oil if Russia doesn't agree to a Ukraine ceasefire.
• India has taken limited steps, with some refiners halting purchases after US sanctions on Rosneft and Lukoil, but Russian oil imports continue, creating a "strategic grey zone."
• GTRI urges India to make an explicit, decisive call on Russian oil imports and communicate it clearly to Washington, as ambiguity is no longer tenable.

Why It Matters: India faces escalating US pressure to clarify its stance on Russian oil, risking severe economic repercussions.