India's set to face a 50% tariff over its purchases of Russian oil. That's now among the highest duties on any of the U.S.' trading partners.

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

The US president said that India is selling Russian oil on the open market "for big profits"

Trump claims India is buying Russian oil and reselling it for profit, disregarding the Ukraine conflict.

Prime minister faces a choice between high tariffs or giving up cheap oil, putting New Delhi’s non-alignment policy under severe strain

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.

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

The US President emphasized that he was going to raise tariffs for India very substantially over the next 24 hours

Trump has previously said that India’s purchase of Russian oil has helped finance Moscow’s war in Ukraine.

Trump cited ‘national security’ concerns as a reason for the import tax hike, sparking tensions in US-India relations.

This will bring the tariff rate on India to 50%, among the highest rates imposed by the US.

Trump last week said that goods from India would be subject to a tariff of 25%, in addition to a "penalty" over the country's purchase of military equipment and energy from Russia.

President Donald Trump on Wednesday raised tariffs on goods imported from India to 50% in response to the purchase of Russian oil, retaliating to stop the Ukraine war.

If India were to stop buying Russian oil today, global crude prices would jump, industry sources in the Indian petroleum sector told CNBC,

White House move follows India’s oil purchases from Russia and comes amid broader Trump push for trade ‘reciprocity’

A 50% tariff rate will be the highest levy among any U.S. trading partner, with some sectors of Indian economy more exposed than others.

Trump signed an executive order accusing India of “directly or indirectly importing Russian Federation oil.”

US President Donald Trump on Wednesday issued an executive order imposing an additional 25 percent tariff on Indian goods citing New Delhi’s continued imports of Russian oil,…

India's set to face a 50% tariff over its purchases of Russian oil. That's now among the highest duties on any of the U.S.' trading partners.

India's set to face a 50% tariff over its purchases of Russian oil. That's now among the highest duties on any of the U.S.' trading partners.