Public sentiment is divided regarding India's oil imports from Russia, with many expressing negative views about US sanctions undermining India's sovereignty, while others hold a more optimistic perspective on India's ability to navigate these sanctions for its economic advantage. Frustration towards external pressures and the perceived impact on ordinary citizens versus corporate interests underscore the discourse.

India

United States

Russia

Every single day I hear similar news, India to cut russian oil. india to cut russian oil imports, etc etc Yet from what I understand they have not cut russian oil imports and they likely will not be doing so in the future.

Reckless-Savage-6123

Let's wait for the data to come out in the next few months to see if there are any cuts. If India cuts Russian oil imports, where will it import the gap from and at what prices (most probably elevated prices) ?

krazydude22

US sanctions, to be clear.

European sanctions or lack thereof are not mentioned in the article.

nvkylebrown

So why do Turkey and China not get sanctioned? Will these sanctions on India mean that Europe does not buy the refined Russian oil from anyone?

Cerealfeeder

That could have significant ripple effects on energy markets.

PrincesssMadie

So, TLDR is Reliance will start buying from intermediaries rather than from Rosenift?

unknown_guest17

No_Zucchini_4389

We can’t buy oil from Venezuela . We can’t buy oil from Iran. We can’t buy oil from Russia. We have to buy it from the countries that tell us where to buy from. We don’t have any kind of leverage. In fact they have us by our balls. Fuck those countries. Fuck our politicians. Fuck the oligarchs who own them. And ultimately a big fuck to us citizens.

dehawu01

PaxSovietica

India :- Europe problems are not the world problems.

And india will do what's good for &gt;!Ambani!&lt; INDIA.

Europe be like:-

https://preview.redd.it/iomg0y4q5uwf1.jpeg?width=1640&amp;format=pjpg&amp;auto=webp&amp;s=912ed19a4ea0edc94349d1b32f13e0a27f3e9e93

Seriously man 😒 that went as horrible as one could have imagine.

Lucky-Operation5187

crude oil price already down hae, make sense

Lopsided-Car-4367

We should diversify our exports immediately no need to rely on 1 country as anything can happen.

maheshmatii

chachajan

Now from where our cronies will earn billions .

fist-king

Didn't Russian oil exports "collapse" during the April May period, only for it to bounce back?

Noobodiiy

Because it’s cheaper. Unless US offers tangible things, like a defence alliance, material and goods trading, secured economical future for both countries (which the POTUS could have done since the current Indian PM is the most pro-US PM they had in a while but didn’t), they’ll still get Russian oil

IK_0726

[deleted]

It means that the US doesn't have the influence to impose sanctions that will stick.

Look up BRICS, and see what moves the countries involved are making to supplant the USD as the defacto world reserve currency.

KFredrickson

India buying Russian oil stabilised global oil prices when OPEC refused to increase production in 2022. 

India would have stopped buying if the US (or anyone else) offered cheaper oil. But to order a sovereign nation where they can and cannot buy anything from is unacceptable. India is not and will never be a vassal state. 

Europe surrendered the day they signed into NATO. But civilizational states dont like being ordered around.

heisenberg678

They're part of an economic trading bloc called BRICS. Within this context, it makes sense to trade with each other.

That aside, the USA is an empire in decline. It's the last days of Rome, for them

Specialist-Neat-9502

Because it's cheap, they are three times the size of the US in population, and without them the world's IT development would stall.

And because they are part of BRICS they don't really have to worry about trading partners. The US needs them more than they need the US.

BassesBest

Lot of good responses here. I'd add that bullying no longer works in today's multinational economic order. It's quite surprising yet unsurprising that the current administration took a page from the history instead of coming up with a mutually beneficial deal.

India is one of the most amicable countries to deal with on a global policy scale. It takes a lot of incompetence to screw that up.

alumplum

Because there are this thing called "sovereignity", you should look it up, maybe you would like to have some.

R1donis

Cause its better for their economy. What it means for global politics is that India is a big country with huge population and they dont bend as easy as small European countreis who buy Russian oil through US.

Routine-Visual-1818

Because....Trump!!!

Well voted u guys, well voted!!

CommunicationMuch439

India saw how our closest allies are being punished for being allies.  It just means the US is losing influence over the world, China will fill the void, and there will be high chance that we will start WW3 or pressure someone else to start it for us.  US influence was huge because of USD power backed by military power.  Once financial power is not strong enough or lost, the other option is pretty obvious.  Trump might not start the WW3, but he sure is creating the perfect environment for it.

niemand_oc

India has always balanced between the US and Russia (Soviet Union). They are following their traditional geopolitics

Muleface50

It’s not because India was importing Russian oil, it’s because India was exporting or re-exporting refined products from Russian oil which competes directly with US.

It’s one thing that if you are buying cheap oil like china does, it’s another thing that you are making huge profits from undercutting US exports

academic_partypooper

Financial benefits, and politics.

They could gain more by being in BRICS anf lld aligned with China and Russia than being with the US.

hennabeak

Ukraine buys Diesel from India which is refined from Russian oil

No-Character4636

SS:

U.S. President Donald Trump has cancelled a planned summit with Russian President Vladimir Putin in Budapest and imposed sanctions on Russia’s two largest oil producers, Rosneft and Lukoil. The move marks a major policy reversal amid the ongoing war in Ukraine. Washington says the sanctions aim to cut Moscow’s ability to finance the conflict, while Russia has dismissed them as counterproductive. The measures drove global oil prices up by 3% and prompted India to consider reducing imports of Russian oil. As EU leaders meet in Brussels to discuss further aid for Kyiv, Ukraine’s President Zelenskiy welcomed the sanctions but urged even greater pressure on Moscow to achieve a ceasefire.

Ratnaprofitercina

Why was this not done already? Does Russia really care if it’s selling freely to India and China?

JeSuisKing

I look forward to everyone saying that this is "playing right into the hands of Putin" or something to that effect.

greenw40

Yeah, water is wet. Can't sanction Indian oil companies for refining Russian oil

prodigals_anthem

India is preparing to cut back its imports of Russian crude oil significantly due to new US sanctions on major Russian oil companies.

India's Oil Imports from Russia and US Sanctions

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