US Treasury Secretary Scott Bessent has said that India will slowly reduce Russian oil purchases while hitting out at Europe for allegedly financing the war against itself.

Bessent said Europe is buying the refined oil from India, which is importing Russian oil.

“President Trump unilaterally put 25% tariffs on India for buying Russian oil. I think India will slowly wean itself of that (reduce oil purchases from Russia). But the perverse thing is that Europe is buying the oil that India refines. Europeans are financing the war against themselves," the Treasury Secretary told Fox News .

Bessent’s remark comes as Indian and US officials are negotiating for a trade deal.

President Donald Trump has imposed a total of 50% tariffs on India for buying Russian oil, a move New Delhi called “un

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