Washington, Jan. 27 -- US Treasury Secretary Scott Bessent has accused European nations of indirectly financing the Russia-Ukraine war by purchasing oil products refined in India using Russian crude, even as Washington has imposed tariffs on New Delhi over its energy ties with Moscow.

His remarks come ahead of a high-level summit where India and the European Union are expected to formally announce the conclusion of negotiations on a comprehensive free trade agreement.

Speaking to ABC News on Sunday, Bessent defended the Trump administration's decision to levy steep duties on Indian imports, arguing that Europe's continued energy-linked trade contradicts its stated security position.

"We have put 25 per cent tariffs on India for buying ...