Jamie Dimon urged Washington to assess how Indian refiners use Russian crude after Donald Trump signed a law allowing steep tariffs on buyers of Russian energy. The remarks underscored concerns that any curbs could disrupt oil flows, affect prices and strain India-US economic ties.

India has warned Washington that new measures to levy tariffs over the purchase of Russian oil could impact bilateral ties, the South Asian nation's foreign ministry said on Thursday, hours after the…

Speaking at the JPMorgan India Investor Conference, Dimon said the US should understand how Russian oil is used by Indian refiners and engage with India before deciding how proposed sanctions and tariffs would be implemented.