Conflicts between major powers in global politics are entering a new complex phase. This was reported by Zamin.uz.
According to The Telegraph, former US President Donald Trump is planning to intensify economic pressure against Russia. Although serious sanctions have not been imposed on the Kremlin in recent months, this situation is not expected to last long.
Changes in the political situation may prompt Trump to take drastic measures. In particular, Trump is proposing to impose a 100 percent tariff on countries purchasing Russian oil.
This measure could significantly impact not only the Russian economy but also India. Reports suggest that Trump may make a firm decision by Friday to force Putin to stop the war.
As part of this decision, new tariffs on oil exports may be introduced, which is expected to deal a serious blow to the Russian economy. India, meanwhile, is currently one of the main buyers of Russian oil.
In the past two years, India has significantly increased its share of Russian oil, rising from just 0.2 percent in 2022 to 45 percent, purchasing approximately 2 million barrels of oil per day. This is generating over 50 billion dollars in revenue for Russia.
According to information provided by the White House, tariffs on Indian products have been raised by 25 percent, and India has been warned that if it continues oil trade with Russia, even stricter sanctions may be imposed. In summary, upon returning to power, Trump is not only taking drastic and firm measures in the political sphere but also in the economic realm, attempting to change the global order.
These actions are likely to have a significant impact not only on Russia but also on global markets. New challenges in world politics may begin in the coming weeks, and observers will continue to closely monitor these processes.
