India's Energy Dilemma: A 100% Tariff Looms, But Will It Change the Game?
The passage of the Sanctioning Russia and Iran Act in the US Congress has sent shockwaves through the global energy market, particularly to countries like India that rely heavily on imported oil.
As a key player in the crude oil market, New Delhi's reaction to this development is telling, but will it be enough to shield the country from impending 100% tariffs on Russian and Iranian oil?