Brief by Shorts91 NewsDesk / 10:59am on 28 Aug 2025,Thursday Business
Russia has strongly defended India’s oil trade following White House advisor Peter Navarro’s claim that New Delhi is funding Moscow’s war machine. The Russian Embassy in India dismissed the accusation, calling the oil trade a bilateral economic relationship. Navarro’s remarks, labeling it “Modi’s war” that sparked backlash, especially after Trump’s 50% tariff hike on Indian goods took effect. Critics in the U.S. accused Trump of unfairly targeting India while sparing China. Prime Minister Modi reaffirmed India’s commitment to domestic interests and promoted self-reliance. Despite tensions, Indian officials emphasized ongoing dialogue with Washington and confidence in India’s diversified export base to weather the economic impact of the tariffs. (PC: The Independent & Times Now)