Ahead of U.S. Ambassador arrival, Trump okays 500% tariff Bill on Russian oil; withdraws from India-led ISA | Current Affairs | Vision IAS
MENU
Home

Periodically curated articles and updates on national and international developments relevant for UPSC Civil Services Examination.

Quick Links

High-quality MCQs and Mains Answer Writing to sharpen skills and reinforce learning every day.

Watch explainer and thematic concept-building videos under initiatives like Deep Dive, Master Classes, etc., on important UPSC topics.

ESC

Daily News Summary

Get concise and efficient summaries of key articles from prominent newspapers. Our daily news digest ensures quick reading and easy understanding, helping you stay informed about important events and developments without spending hours going through full articles. Perfect for focused and timely updates.

News Summary

Sun Mon Tue Wed Thu Fri Sat

Ahead of U.S. Ambassador arrival, Trump okays 500% tariff Bill on Russian oil; withdraws from India-led ISA

09 Jan 2026
1 min

U.S. Tariffs and Energy Pressure on India

On January 8, 2026, U.S. President Donald Trump announced significant measures affecting global energy dynamics. These include backing a bill proposing up to 500% tariffs on countries purchasing Russian oil and withdrawing the U.S. from the International Solar Alliance (ISA), among other international organizations.

Impact on India

  • U.S. Ambassador-designate Sergio Gor will prioritize ensuring India stops importing Russian oil.
  • India's reduction in Russian oil imports was noted positively by Polish Foreign Minister Radoslow Sikorski.

Russia Sanctions Bill

  • The bill could be voted on in Congress soon, with substantial support from both Senate and House members.
  • It provides leverage for President Trump to deter countries like India from buying Russian oil.
  • The bill proposes a 500% tariff on secondary purchases of Russian oil, beyond a current 25% penalty.

India's Response and Actions

  • India’s oil imports from Russia have decreased, as noted by Reliance and Nayara Energy's reduced intake.
  • In 2018, under similar U.S. pressure, India ceased oil imports from Iran and Venezuela.

U.S. Withdrawal from the International Solar Alliance

  • The ISA, founded by India and France, promotes solar technology and has over 90 members.
  • U.S. withdrawal is viewed as a blow to multilateralism and global renewable energy efforts.

Explore Related Content

Discover more articles, videos, and terms related to this topic

RELATED VIDEOS

2
News Today (Jan 21, 2025)

News Today (Jan 21, 2025)

YouTube HD
Role of Indian Diaspora in Making India Self-Reliant

Role of Indian Diaspora in Making India Self-Reliant

YouTube HD

RELATED TERMS

3

Secondary Purchases

In the context of oil imports, this refers to oil that has already been processed or refined after its initial extraction, or, as implied in the article, oil purchased by a country from another country that is also importing it from the original source (Russia). The proposed 500% tariff targets such indirect purchases.

Multilateralism

A foreign policy approach characterized by cooperation and agreement among multiple countries, often through international organizations and treaties. This contrasts with unilateralism or bilateralism.

International Solar Alliance (ISA)

An alliance of over 100 countries, launched by India and France, that aims to mobilize investments and accelerate the deployment of solar energy to reduce dependence on fossil fuels. It focuses on making clean energy affordable and accessible.

Title is required. Maximum 500 characters.

Search Notes

Filter Notes

Loading your notes...
Searching your notes...
Loading more notes...
You've reached the end of your notes

No notes yet

Create your first note to get started.

No notes found

Try adjusting your search criteria or clear the search.

Saving...
Saved

Please select a subject.

Referenced Articles

linked

No references added yet