U.S. accuses India of profiteering from Russian oil during Ukraine war

CNBC ^ | 8/19/2025 | Spencer Kimball

[cold start]

....his tariffs (Sanctions) against India ended any American profiteering from Russian Oil when he broke the trade ties. Since Alaska, Trump’s handling of SANCTIONS, not Tariffs as he calls them, will change for the better or the worse. If he doubles down against Brics it will not end well for the US in the middle of a recession yet undeclared

Prescient words that. Karoline Leavitt did end up calling it sanctions(on India).

[IndianChief]

India partnering with Russia is financing the genocidal erasure of the second biggest country in Europe.

India buys all its Oil below the $60 market cap set by USA and Europe. Europe has paid Russia double what India has since the war started. Only it is LNG not Oil and "conveniently" they are allowed to pay market price for their gas. Japan and Turkey also take Russian fuel every day. China is the biggest buyer of Russian oil and gas, but you can only see India, the third largest buyer, because you think you can beat on it without blowback. But the Quad is probably dead for now.

[IndianChief]

India has been used by Europe and others to circumvent the sanctions. Everyone knows it. Trump is using it for leverage.

Actually the last American Ambassador to India in a video recorded interview said that the US encouraged India to take Russian Oil and send fuel to Europe otherwise prices would spiral out of control and push US inflation out of control.