The second time Donald Trump, who became the President of America, has stirred up the world by putting new tariffs on many countries. The 50 percent tariff imposed on India by the US has come into effect from August 27. Donald Trump has announced the tariff in a threatening manner on every country. As if they want to force other countries to get their point by putting pressure on tariffs. The US, interested in oil exports, reached its record level in 2023, but Russian oil spoiled its game. Therefore, it can once again try to increase America oil exports.
This is not all new for America. He has not adopted such an attitude for the first time. The US has been pressurizing tariffs by making tariffs weapons for decades. He used to do this for the protection of domestic industries, but now America has been to pressurize other countries. But this time the whole game is of ‘oil’.
While announcing the tariff on India, Trump said that 25 percent extra tariff is being imposed to buy oil from Russia. If India continues to buy oil from Russia, then this tariff can be increased. The indication was clear that the whole matter is of ‘oil’. America is a big player in the world in ‘oil sports’. America has a big role in controlling oil prices.
America is the biggest oil producer
It would be surprising to know that America is at number ten in terms of oil reserves in the world, but this is the most production. America is number 1 in oil production. America is constantly increasing its abilities. This means that America has enough quantity to export oil to the world. Currently, Saudi Arabia, Russia and Canada are ahead of the US in terms of oil exports. This is the reason that America, which dominates areas like IT, defense and aerospace, also wants to achieve reign in oil exports.
America became exporter 5 years ago
For the first time in the year 2020, America became Net Petroleum Exporter. This means that for the first time America’s exports and imports were more than. By 2023 its oil exports reached 1 million barrels per day. America’s interest in oil exports is not new. Even though America has been buying crude oil from other countries, it has been exporting a small amount of crude oil for the last 100 years. The largest buyers of American oil in 2023 included countries like Netherlands, China, Australia and South Korea. The countries of Europe and Asia have also been the main buyers of American oil. American exports increased rapidly when Europe banned Russia after a war with Ukraine. With this change, America realized that if Russia oil buyers are pressurized, American oil exports could benefit.
US export reduction
When the war between Russia and Ukraine started, Europe has started banning Russia. Here, Europe started buying oil from America, but China and India have started buying oil from Russia. The effect of this is that America’s oil exports decreased. There was a slight decrease in total exports. After becoming President again, Trump started pressure on the world through tariff. The result of this is that India once again started increasing oil shopping from America.
How less production is more production
The US does not have oil reserves as Saudi Arabia, Venezuela, Iran or Russia. Nevertheless, America is the world’s largest oil producer. This is because the store means how much oil is present in the ground and production means how much oil you are able to extract every day. America is the master of shell oil technology. This is the technique of extracting crude oil and gas from shell rocks. Apart from this, America continues to search for new oil areas. The companies there dig the wells fast and start production quickly. After the 2008 shell oil boom, the US increased production manifold with Shell Oil.
Is this so tariff on India?
India is one of the world’s largest oil buyers after China. More than 85% of India’s need is imported from abroad. In 2025, India imports about 47 to 50 lakh barrels of oil every day. India is currently buying oil from countries like Iraq, Saudi Arabia, Russia, UAE and America. US imports are only 6-7%. However, a report has shown that India has increased oil imports from America. Since this year, India is buying more oil from America. India’s crude oil imports from India have increased by about 51 percent.