Overview

• Kyiv officials reported at least 23 people killed after a large Russian missile and drone barrage that also damaged European Union offices in the capital.
• Senator Lindsey Graham posted on X that buyers of cheap Russian oil are helping fund attacks that kill civilians and said India is already facing consequences.
• President Donald Trump recently signed an order adding 25 percentage points to duties tied to India’s Russian oil trade, bringing total U.S. tariffs on Indian goods to about 50%.
• India’s External Affairs Minister S. Jaishankar called the tariffs unjustified, while the Commerce Ministry warned of short‑term strain on exports such as textiles, chemicals and machinery.
• Traders expect Indian refiners to raise Russian crude purchases in September by roughly 10%–20% to capture steeper discounts, despite mounting U.S. pressure.