President Trump said last week that he would punish India if it did not cut off Russian oil imports, but he did not specify what the penalty might be.

The president said Wednesday that imports from India would be subject to a 25 percent tariff as of Friday, as trade talks between the countries hit a stumbling block.

The fallout from stalled US-India trade talks could severely disrupt the flow of Russian crude to Indian refiners.

President Trump upended trade negotiations with India by making the purchase of crude oil a sticking point.

This comes as discounts narrowed in July and U.S. President Donald Trump warned countries not to purchase oil from Moscow, industry sources said.

President Trump said last week that he would punish India if it did not cut off Russian oil imports, but he did not specify what the penalty might be.

The US president said he would penalise India if it didn’t cut Russian oil imports, on top of a general 25 per cent tariff

No pause on Russian imports by Indian oil firms which base decisions on ‘price, grade of crude, logistics and economic factors’

Indian officials confirmed Saturday the country is not altering policy and will continue buying oil from Russia, despite threats of a financial "penalty" from U.S. President…

Both state-run and private refiners in India are allowed to buy from their preferred sources, and crude purchases remain a commercial decision.

Despite U.S. President Donald Trump telling reporters Friday that he "heard" India would halt purchases, officials in New Delhi have pushed back.

Russia is one of India’s top oil suppliers and trade partners, contributing to around 35% of the country’s total supplies.

Trump said he will “substantially” raise tariffs on India for buying Russian crude — and selling derivative products — as Indian leaders voice their resistance.

New Delhi called out the EU and the U.S., saying that they were also engaging in trade with Moscow.

U.S. President Donald Trump has threatened India with increased tariffs over its purchase of Russian oil amid Moscow's war in Ukraine.