Trump: India to face 'huge' tariffs if it doesn't halt Russian oil purchases
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 20 2025
0mins
Source: SeekingAlpha
Trump's Claims on Indian Oil Purchases: President Trump asserted that Prime Minister Modi of India promised to stop buying Russian oil, threatening "massive" tariffs if India continues its purchases, despite India's foreign ministry denying any such conversation took place.
India's Oil Import Status: While a White House official indicated that India has halved its Russian oil imports, sources suggest that no immediate reductions have been observed, with Indian refiners having already placed orders for November.
Analyst Views on EPI
Wall Street analysts forecast EPI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EPI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 44.170
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Current: 44.170
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
