đŸ”„ U.S. and EU Demand India Stop Buying Russian Oil — What’s Next? Iranian and Venezuelan Crude Are Now in India’s Crosshairs!đŸ”„


Trump pushes G7 to slap 50-100% tariffs on China and India — the top buyers of Russian oil — to force Putin to the negotiation table. But guess what? Nothing happened. 😳


Despite a brutal 50% tariff, India kept buying Russian oil like nothing changed
 until now. đŸ’„


Recently, 16 of Russia’s 38 oil refineries were decimated by Ukrainian drones, slashing Russia’s refining capacity by over 1 million barrels per day! 🚀💣


With a triple threat ban looming, India’s now negotiating fresh trade deals with the U.S. — talk about next-level deal-making! đŸ€đŸ’Œ


Indian Finance Minister Nirmala Sitharaman said it straight: “Whether it’s Russian oil or anything else, it’s our choice to buy where it suits us best — be it price, logistics, or anything else.” 🎯


Petroleum Minister Hardeep Singh Puri fired a warning: “Energy is non-negotiable. Remove the world’s second-largest producer, and consumption must drop. The fallout? Serious business.” âš ïžđŸ”„


Why were Iranian and Venezuelan oils sanctioned in the first place? đŸ€”


Iran’s oil was sanctioned to pressure Tehran over its nuclear program and regional militias. 🛑


Venezuela’s oil was sanctioned to try and topple Maduro and “restore democracy.” đŸ‡»đŸ‡Ș⚖


Both aimed to choke government cash flows and force political change. Spoiler alert: it didn’t work. ❌


So, who actually benefited from banning these oils from the open market? The U.S. and Middle Eastern oil giants — pure profit, no surprise. 💾🌍


#TariffWars #OilPolitics #GeopoliticsExplained #Write2Earn #BinanceSquar