Trump hints at Russia oil penalties

U.S. President Donald Trump has threatened to impose significant
secondary tariffs on buyers of Russian oil if he judges that Moscow
is blocking efforts to end the war with Ukraine


AVERAGE RUSSIAN
OIL EXPORTS, 2024
By country/region

Total
7.5 million
barrels
per day

China
2.4 mb/day
(32%)

India
1.9 mb/day
(25.3%)

Türkiye
0.8 mb/day
(10.7%)

European Union: 0.4 mb/day (5.3%)

Africa
0.4 mb/day
(5.3%)

Middle East
0.2 mb/day
(2.7%)

Latin
America
0.2 mb/day
(2.7%)

Other/unknown
1.2 mb/day
(16%)


Trump (left) says he is “very angry”
at Russian President Vladimir Putin
(right) and would consider tariffs of
25% to 50% – effectively barring any
country purchasing Russian oil from
doing business in the U.S.


Sources: Bloomberg, IEA 
Pictures: Getty Images 
© GRAPHIC NEWS