US President Donald Trump on Friday said Russia has lost India as a key oil buyer following Washington’s penalty on New Delhi over its purchases, but hinted he may not move ahead with secondary tariffs on nations still importing Russian crude.

US President Donald Trump has escalated his trade offensive against India, linking New Delhi's purchase of Russian oil to fresh tariff hikes on Indian goods. While Trump claimed that Russia has 'lost India as an oil client,

Former National Security Adviser John Bolton said Wednesday that President Trump’s tariffs may push India further away from the U.S. and into deeper alliances with Russia and China. The president previously threatened to impose a 25 percent tariff on India for purchasing oil from the Kremlin absent of similar punishments for China,