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India Needs to Pick a Side, US or Russia, Lutnick Says

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September 5, 2025

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US Commerce Secretary Howard Lutnick says "it's ridiculous" that India keeps buying sanctioned oil from Russia. "Either support the dollar, support the United States of America, support your biggest client, who is the American consumer, or, I guess you’re going to pay a 50% tariff,” Lutnick said on "Bloomberg Surveillance."

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