Trump Presses NATO Nations to Halt Russian Oil Purchases

He proposed that NATO, as a group, place 50-100% tariffs on China to weaken its economic grip over Russia.


Get the Latest US Focused Energy News Delivered to You! It’s FREE:


This follows Trump’s earlier threats of sanctions on Moscow and secondary sanctions on countries buying its oil, such as top buyers China and India, if no progress is made to end the war in Ukraine.

The president has imposed an additional 25% tariff on Indian goods, citing its continued imports of Russian oil, but has not taken similar action against China.

(Reporting by Bipasha Dey in Bengaluru, Editing by Timothy Heritage)

Share This:


More News Articles

 

  • Related Posts

    Record-Low U.S. Shale Well Backlog Curbs Fast Output Gains Amid Export Surge

    (Reuters) – U.S. shale producers have the lowest stock of drilled-but-uncompleted wells on record, limiting their ability to move quickly to boost crude output and replace rapidly depleted oil inventories…

    Oil Prices Rise as US, Iran Trade Strikes, Israel Moves Further Into Lebanon

    Summary Israel orders troops to advance further into Lebanon US proposes gradual de-escalation plan for Israel and Lebanon Goldman Sachs flags weak oil demand in China and Europe Brent crude…

    Have You Seen?

    Air Liquide launches Kazakhstan business to support Central Asia expansion

    • June 1, 2026
    Air Liquide launches Kazakhstan business to support Central Asia expansion

    Cleaner F-gas options gain ground, but chips still depend on them

    • June 1, 2026
    Cleaner F-gas options gain ground, but chips still depend on them

    H2 Mobility cuts green hydrogen prices 10% at five sites after quota credit sales

    • June 1, 2026
    H2 Mobility cuts green hydrogen prices 10% at five sites after quota credit sales

    Honeywell to create tech and aerospace firms from spin off

    • June 1, 2026
    Honeywell to create tech and aerospace firms from spin off

    Tessalia plans €250m advanced semiconductor packaging site in France

    • June 1, 2026
    Tessalia plans €250m advanced semiconductor packaging site in France

    Record-Low U.S. Shale Well Backlog Curbs Fast Output Gains Amid Export Surge

    • June 1, 2026
    Record-Low U.S. Shale Well Backlog Curbs Fast Output Gains Amid Export Surge

    Oil Prices Rise as US, Iran Trade Strikes, Israel Moves Further Into Lebanon

    • June 1, 2026
    Oil Prices Rise as US, Iran Trade Strikes, Israel Moves Further Into Lebanon

    Danish Shipyard Remains Key Lifeline for Russia’s Yamal LNG Fleet

    • June 1, 2026
    Danish Shipyard Remains Key Lifeline for Russia’s Yamal LNG Fleet

    India’s LNG Industry Pushes for Government Backing as Diesel Costs Surge

    • June 1, 2026
    India’s LNG Industry Pushes for Government Backing as Diesel Costs Surge

    French Navy Seizes Russia-Linked Tanker in the Atlantic

    • June 1, 2026
    French Navy Seizes Russia-Linked Tanker in the Atlantic