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US says Europe refused to join push for tariffs on India, China over Russian oil

US treasury secretary Scott Bessent accuses European allies of refusing to join the US in imposing secondary tariffs on India and China for purchasing Russian oil.

By Yashasvi Vasistha·Oct 18·timesofindia.indiatimes.com·2 min read

Intelligence analysis by Qwen 2.5 (3B)

US says Europe refused to join push for tariffs on India, China over Russian oil
Image: timesofindia.indiatimes.com

US treasury secretary Scott Bessent claims European countries refused to join the US in imposing tariffs on India and China for buying Russian oil, citing the Trump administration's request in the spring.

Why it matters

This story highlights the US's frustration with European countries for not supporting the US in pressuring countries that are buying Russian oil, which is seen as financing Russia's war effort in Ukraine.

The US wants Europe to join them in punishing countries that buy Russian oil, but Europe said no. The US says this is unfair because they are the ones who are trying to stop Russia from fighting in Ukraine.

Analysis

{"

European Response to US Request":"Scott Bessent, US treasury secretary, accused European allies of refusing to join the US in imposing secondary tariffs on India and China for purchasing Russian oil. He stated that the Trump administration had approached European allies in the spring to seek coordinated action against countries buying Russian energy. Bessent emphasized that the US wanted to end the Russia-Ukraine war and that President Trump wanted to end the killing. He also mentioned that the administration had not lifted sanctions on Russia and had imposed sanctions on Rosneft and Lukoil, the two largest Russian energy companies.","

US's Sanctions Legislation":"The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 provides for tariffs of up to 100 per cent on goods imported into the United States from countries that are among the largest buyers of Russian-origin crude oil or natural gas, including India and China. Bessent defended the administration's decision to temporarily waive certain provisions of the legislation, stating that the administration needed time to evaluate the situation before deciding on further measures.","

Criticism of European Countries":"Scott Bessent criticized European countries for continuing to purchase Russian oil and gas while supporting Ukraine. He pointed out that 140 cargoes had left Russia's Yamal facility during the first six months of the year, with 136 going to European countries, including Belgium, Spain, France, and the Netherlands. He also questioned why similar criticism had not been directed at other countries, such as the UK, which had waived its embargo on diesel and jet fuel made using Russian crude."}

Key points

  • US treasury secretary Scott Bessent accused European allies of refusing to join the US in imposing tariffs on India and China for buying Russian oil.
  • The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 provides for tariffs of up to 100 per cent on goods imported into the United States from countries that are among the largest buyers of Russian-origin crude oil or natural gas, including India and China.
  • Scott Bessent criticized European countries for continuing to purchase Russian oil and gas while supporting Ukraine.
The Upside

If Europe decides to join the US in punishing countries that buy Russian oil, it could lead to a more coordinated approach in pressuring Russia and potentially hasten the end of the Russia-Ukraine war.

The Downside

If Europe continues to refuse to join the US, it could prolong the conflict in Ukraine and make it harder for the US to impose sanctions on Russia.

Originally reported at

timesofindia.indiatimes.com

Discernion covers the story. Read the full piece at the source.

Tagseuropeindiaoilpolicypolitics

Author

Yashasvi Vasistha

Intelligence analysis by

Qwen 2.5 (3B)

Published

Oct 18, 2026

Source

timesofindia.indiatimes.com

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Topics

europeindiaoilpolicypolitics

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