Russian invasion The world's response

India has stopped buying Russian oil after Trump's threat

India's state-owned oil refineries have stopped buying oil from Russia in the past week, four industry sources told Reuters.

The announcement comes after Donald Trump threatened to punish countries that buy Russian oil with trade tariffs of 100 percent. Russia has also recently lowered its discounts on its crude oil.

If India were to stop buying Russian oil for a longer period of time, it would likely be a severe blow to Russia's state finances. India is the largest importer of Russian seaborne oil and buys around 35 percent of its oil from Russia.

Among other things, the Russian war chest is largely financed by energy exports to countries such as India and China.

Russia shrugs off Trump's threat: "We are already immune"

Russia responds with a shrug to Donald Trump's threat that the US could impose 100 percent punitive tariffs and new strong sanctions on the country within ten days. This is if the Ukraine war is not ended.

In a statement, the Kremlin says that it notes all of Trump's statements, but then adds:

- Russia has long had a huge number of sanctions against it. We are already immune.

In mid-July, Trump said that Russia must make peace within 50 days to avoid the sanctions. Yesterday he changed the deadline to ten days. He then declared that he was "very disappointed" with Vladimir Putin given that the deadly attacks continue.