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US To Drop 25% Tariff Linked to India’s Russian Oil Purchases, Says White House Following Phone Call Between Donald Trump and PM Narendra Modi
02 Feb 2026 19:05 GMT
… Russian oil-related tariff will be dropped,” a White House official … and Western partners. The White House clarification also comes as … has significantly increased oil and gas exports to India … (Official X Account of White House). The information is thoroughly …
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The Future Looks Dim for Big Oil in the Motor Vehicle Industry
02 Feb 2026 18:36 GMT
… revealed that executives in the oil and gas and automotive industries, such … his first term at the White House, it paid off. The public … Trump, Energy, Environment, Joe Biden, Oil, Gas, Coal, Pipelines, United States, Vehicles …
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US-India Trade Deal: Donald Trump Slashes Reciprocal Tariffs to 18% After Call With PM Narendra Modi, Says ‘He Agreed To Stop Buying Russian Oil’
02 Feb 2026 19:05 GMT
… Russian crude oil - a major point of contention for the White House … USD 500 billion.
Alternative Oil Sources: Prime Minister Modi … reportedly agreed to pivot oil procurement toward the United … pivot away from Russian oil could significantly alter the …
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Oil Prices Tumble 5% Amid Signs Of US-Iran De-escalation
02 Feb 2026 16:29 GMT
… Paraskova via OilPrice.com,
Oil prices dropped by more than … to the downward pressure on crude.
Oil prices slumped by 5% … an internal timeline only the White House knew about (and presumably … With the risk premium unwinding, oil prices retreated on Monday from …
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Trump slashes tariffs on India after Modi agrees to stop buying Russian oil
02 Feb 2026 18:46 GMT
… may take. Venezuela’s oil infrastructure is dilapidated and … have defended purchasing Russian oil previously, calling it essential … to stop purchasing Russian oil. A White House spokesperson told CNN … from the US were oil, gas, airplanes and airplane parts …
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Trump lowering tariffs on India with agreement to stop buying Russian oil
02 Feb 2026 18:40 GMT
… the war, according to a White House official who requested anonymity to … of its purchases of Russian oil, putting the combined rate … moment to buy discounted Russian oil, allowing it to increase … would start buying American oil and natural gas. But the talks …
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Trump plans to lower tariffs on Indian goods to 18% after India agreed to stop buying Russian oil
02 Feb 2026 17:31 GMT
… upon his arrival to the White House, Sunday, Feb. 1, 2026, … of its purchases of Russian oil, putting the combined rate … moment to buy discounted Russian oil, allowing it to increase … would start buying American oil and natural gas. But the talks faltered …
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Venezuela’s oil industry could recover by 2030 with US supervision, reforms
02 Feb 2026 15:10 GMT
… widespread corruption and violence against oil sector personnel and facilities,” … investment by upstream US oil and gas companies, and that … ” at a Jan. 9 White House meeting — will complicate US … sectors, the replacement of oil workers’ union leadership, the …
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Exxon CEO says Venezuela needs to transition to democracy for oil investment to make sense
02 Feb 2026 02:54 GMT
… Woods told Trump at the White House on Jan. 9 that Venezuela … said.
Trump told oil industry CEOs at the White House meeting that his … believed to have the largest crude oil reserves in the world but … now as a surplus of crude oil in the world has depressed …
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Top energy expert says probability the U.S. will attack Iran soon is 75% as risk of major disruption to oil supply is priced in — ‘this one is real’
01 Feb 2026 22:51 GMT
… former White House energy advisor, told CNBC on Thursday.
Brent crude oil futures … and avoided the country’s oil infrastructure.
In addition, the … the needle much in oil markets as production wasn’ … the world’s oil and liquified natural gas passes through on …