US Advisor Navarro Urges India to Halt Purchases of Russian Crude Oil

Written by Emily J. Thompson, Senior Investment Analyst

Source: Reuters

Updated: Aug 18 2025

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Source: Reuters

U.S. Criticism of India's Oil Purchases: White House trade adviser Peter Navarro criticized India for buying Russian crude oil, stating it funds Moscow's war in Ukraine and urged India to act as a strategic partner of the U.S.
India's Response to Accusations: India's Foreign Ministry defended its oil purchases, claiming unfair treatment compared to the U.S. and EU, which continue to buy goods from Russia despite sanctions.
Impact of Tariffs on Trade: Following India's continued oil imports, President Trump announced an additional 25% tariff on Indian goods, raising total tariffs to 50%, affecting ongoing trade negotiations.
Strengthening China-India Relations: Amidst tensions with the U.S., India and China are cautiously enhancing their ties, with upcoming meetings between leaders and discussions on border disputes, while Indian Oil Corp continues to purchase Russian oil based on economic factors.

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.