Trump Says India to Cut Russian Oil to ‘Almost Zero’ | Oil Prices Jump 3% After Fresh U.S. Sanctions　 #ETNOW

In a fiery press briefing, U.S. President Donald Trump claims India will cut Russian oil imports to nearly zero by year-end, praising PM Modi’s cooperation. Trump also blamed Biden and Obama for pushing Russia and China closer, while hinting at talks with Xi Jinping on ending the Ukraine war. Meanwhile, oil prices spiked 3% after Washington imposed fresh sanctions on Rosneft and Lukoil. Brent now trades above $64 a barrel as supply concerns rise. Tune in to Market Café on ET Now for full analysis.

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