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(Bloomberg) -- Oil fell as traders looked past US efforts to force India to quit buying Russian crude, and broader markets carried a risk-off tone. Global benchmark Brent dropped below $68 a barrel, while West Texas Intermediate was near $64. White House trade adviser Peter Navarro stepped up the pressure on New Delhi to halt purchases of Russian energy after Washington doubled a levy on imports from the country to 50%. Calling Indians "arrogant," he cast the conflict in Ukraine as "Modi's war, ...Read More >

US President Donald Trump made at least four attempts to talk to Indian Prime Minister Narendra Modi over the phone in recent weeks, but the Indian leader refused to talk to him, according to German newspaper Frankfurter Allgemeine. The Mainz-based newspaper of record suggests this to be the result of the "depth of his [Modi's] anger, but also his caution". The attempts by President Trump to talk to PM Modi came even as his administration hit India with 50% tariffs, the highest for any country ...Read More >
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