1. International Trade and Politics
Global politics and trade are closely connected. The decisions of powerful nations like the US or Russia do not remain limited to their boundaries; they affect countries like India and the global economy.
2. US Tariff on India
America has imposed heavy tariffs on India’s exports because India continues to buy oil from Russia. President Trump increased duties up to 50%, directly affecting Indian industries such as textiles, marine, and leather.
3. Russia Offers Support
Russian Deputy Chief of Mission Roman Babushkin assured India that if US markets shut doors, Russia is ready to welcome Indian products. He highlighted Russia’s consistent support and trust in India during global challenges.
4. Importance of Russian Oil
India’s growing energy demand makes Russian oil crucial. Buying oil from Russia is cheaper than Middle Eastern or American sources. This helps India save foreign exchange, supporting infrastructure growth and development programs.
5. America’s Strategy Against Russia
The US wants countries worldwide to reduce oil imports from Russia to weaken its economy during the Ukraine war. India, however, continues buying Russian crude, drawing criticism and economic pressure from Washington.
6. India’s Firm Stand
India has strongly rejected America’s pressure, calling tariffs “unjust and unfair.” Prime Minister Modi declared that India would take decisions only based on its national interests, especially regarding essential oil and energy requirements.
7. Russia’s View on the West
Babushkin said that even if India abandons Russian oil, the West will never ensure equal cooperation. He accused Western countries of showing “neo-colonial” attitudes, acting for self-interest, and blackmailing smaller nations.
8. Modi–Putin Conversations
President Putin’s recent phone call to PM Modi on Ukraine highlighted strong bilateral ties. Russia considers India a trusted partner and believes both nations can together handle international pressure and find mutually beneficial solutions.
9. Trade Growth Despite Sanctions
Despite sanctions from the West, Russia’s economy has steadily grown. India–Russia trade has multiplied seven times in recent years, proving that their partnership is resilient and not easily weakened by external pressures.
10. BRICS and Alternatives
Russia emphasized that BRICS countries (Brazil, Russia, India, China, South Africa) never impose sanctions. Instead, they promote cooperation. Moscow urged India to deepen ties within BRICS rather than depend heavily on Western alliances.
Conclusion
In short, the US wants India to stop buying Russian oil, while Russia urges India to stay firm and continue cooperation. India faces tough choices—balancing affordable energy needs, protecting trade interests, and managing global politics wisely.