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Al Jazeera
Al Jazeera
Politics
Megha Bahree

Behind India’s massive Russian oil imports: Asia’s richest man

Reliance Industries, led by Chairman Mukesh Ambani, has exported products made from Russian crude oil to countries that have sanctioned Russia, including the US [File: Ajit Solanki/AP Photo]

United States President Donald Trump’s additional 25 percent tariff on India for its imports from Russia, saying it is helping fuel Russia’s war in Ukraine, has put the South Asian nation in the highest tier of tariffed nations so far.

While New Delhi and Moscow are old strategic partners with a relationship dating to the Cold War era, and Russia is a major supplier of India’s defence arsenal, Trump’s ire has predominantly been focused on the recent surge in India’s oil imports from its old ally.

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