At a time when US President Donald Trump has sanctioned two of Russia’s largest oil majors, Russian President Vladimir Putin has pitched his country as a ‘reliable source’ of energy for India. Putin reinforced Russia's commitment to its energy alliance with India, emphasising Moscow's dedication to being a consistent supplier for the Indian economy, which is the fastest growing in the world. India has been facing increasing pressure from the Trump administration to stop its crude oil imports from Russia. Of the 50% tariffs imposed by the US on India, 25% are penal tariffs for its crude oil trade with Russia. The US has accused India of indirectly financing Russia’s war against Ukraine through the oil trade. The issue has emerged as a point of niggle in the trade deal talks between the
Message for Trump? Putin says Russia ready to continue ‘uninterrupted shipments of fuel’ to India; pitches reliable supply of oil
The Times of India12/06
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