Shortly after US President Donald Trump announced an additional 25% tariff on India, the Ministry of External affairs in its statement pointed out that India was being unfairly targeted for oil imports from Russia while countries like China and Turkey continued to do the same.

Currently, China buys around USD 219.5 billion worth of energy (including oil, gas, and coal) from Russia, while India imports about USD 133.4 billion, and Turkey around USD 90.3 billion.

Russian oil exporters are predicted to take in $153 billion this year, according to the Kyiv institute. Fossil fuels are the single largest source of budget revenue. The imports support Russia’s ruble currency and help Russia to buy goods from other countries, including weapons and parts for them.