https://www.taxtmi.com/news?id=68157 US Treasury Secretary claimed India stopped buying Russian oil after the US imposed a 25 percent tariff on purchases of Russian crude and a 50 percent tariff on India; a Senate bill proposing a 500 percent tariff on secondary resale has committee backing, and Treasury suggested presidential authority under IEEPA may be sufficient. The Secretary also criticized European purchases of Russian oil, and CREA data indicate India fell to third place in Russian fossil fuel purchases after major refiners cut imports. en-us Wed, 21 Jan 2026 19:46:03 +0530 Wed, 21 Jan 2026 19:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=68157 US Treasury Secretary claimed India stopped buying Russian oil after the US imposed a 25 percent tariff on purchases of Russian crude and a 50 percent tariff on India; a Senate bill proposing a 500 percent tariff on secondary resale has committee backing, and Treasury suggested presidential authority under IEEPA may be sufficient. The Secretary also criticized European purchases of Russian oil, and CREA data indicate India fell to third place in Russian fossil fuel purchases after major refiners cut imports. News - Wed, 21 Jan 2026 19:46:03 +0530 https://www.taxtmi.com/news?id=68157