ENA Sectors 2025-07-18 14:21:26 <p><span style="font-size:14px"><strong>New Delhi, July 18 (KNN)</strong> India should continue its oil imports from Russia and not yield to external pressure from the United States, particularly in light of recent tariff threats by former US President Donald Trump, the Global Trade Research Initiative (GTRI) said on Thursday.</span></p> <p><span style="font-size:14px">Ajay Srivastava, Founder, GTRI, emphasised that discounted Russian crude has played a significant role in helping India contain inflation and uphold macroeconomic stability amid global volatility.</span></p> <p><span style="font-size:14px">India must reject this pressure and stay firm on its Russia strategy, Srivastava said, adding that low-cost Russian oil has enabled the country to manage inflationary pressures and maintain economic resilience despite uncertain global conditions.</span></p> <p><span style="font-size:14px">His comments follow reports that Donald Trump has threatened to impose a 100 percent tariff on countries continuing to purchase oil from Russia, should he return to power. </span></p> <p><span style="font-size:14px">He warned that altering Indias oil import strategy in response to such threats could backfire.</span></p> <p><span style="font-size:14px">Srivastava cautioned that changing course under external pressure would be ineffective. Altering that policy will not stop US threats&mdash;it will only invite more, he said, noting that Trump has a pattern of issuing tariff threats for various reasons.</span></p> <p><span style="font-size:14px">He further noted that even a formal trade agreement with the US may not provide lasting protection, as Trump could shift the goalposts later.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 42854 https://knnindia.co.in/news/newsdetails/sectors/india-should-resist-us-pressure-continue-russian-oil-imports-gtri 2025-07-18 14:21:26 knnindia.co.in