Russian President Vladimir Putin criticised on Thursday (October 2, 2025) U.S. efforts to pressure India and China into cutting energy ties with Moscow, warning that such moves could backfire economically.

Mr. Putin said that if higher tariffs are imposed on Russia’s trade partners, it would drive up global prices and force the U.S. Federal Reserve to keep interest rates high.

President Vladimir Putin said that the global economy would suffer without Russian oil, warning that prices would jump to over $100 per barrel if its supplies were cut off.

That, in turn, would slow down the U.S. economy, Mr. Putin told a forum of Russia experts.

Putin on trade payments between India & Russia

Russia and India must resolve issues in trade payments between the two countries, Russian President Vl

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