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Newsig · Gold & Metals

U.S. trade representative Greer says deal with India not 'imminent' after Modi-Trump call

Ties between the U.S. and India have been under strain for over a year, and New Delhi faces fresh risk of up to 100% tariffs for continuing to buy Russian oil.

Why it matters

CL (Crude Oil (WTI)) · Why linked: Potential 100% tariffs on India for Russian oil purchases are tied to global oil flows and sanctions enforcement. Market context: Stalled U.S.-India deal may delay enforcement of secondary sanctions, affecting oil demand and price dynamics.

How CL usually react

This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.

AssetEventsAvg max moveClosed lower
CL139+3.12%39%

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