Why in News?
India dismissed U.S. threats of secondary sanctions over its Russian oil trade, emphasizing energy security and diversified imports. This follows President Trump’s warning of tough measures if Russia doesn’t end the Ukraine war within 50 days, raising geopolitical tensions.
Description:
- India’s Stand:
- India dismissed concerns over possible U.S. secondary sanctions on its oil trade with Russia.
- Petroleum Minister Hardeep Singh Puri reiterated India’s diversified oil imports from 27 to 40 countries.
- MEA warned against “double standards” and emphasized that India prioritizes affordable energy access for its people.
- US Threat of Sanctions:
- President Trump (July 2025) signaled a tougher approach, threatening “secondary sanctions” on countries continuing oil trade with Russia.
- A 50-day deadline has been proposed for Russia to end the Ukraine war.
- The US Congress is considering a bill to impose up to 500% tariffs on buyers of Russian energy.
- NATO’s Involvement:
- NATO chief Mark Rutte cautioned India about the possible economic fallout, urging pressure on Russia to engage in peace talks.
- India–Russia Trade Facts:
- Bilateral trade reached a record $68.7 billion in FY 2024–25, 6x the pre-pandemic level.
- In May 2025, India imported $4.42 billion worth of Russian crude oil.
- Key imports include crude oil, petroleum products, fertilizers, and coal.
- India’s Preparedness & Diplomacy:
- India argues it can shift oil sources if needed due to its diversified portfolio.
- Skepticism exists over Trump’s willingness to impose such harsh sanctions.
- Potential sanctions could disrupt India–US trade talks currently underway.
- Targeting India, while China remains Russia’s top trade partner, could create geopolitical contradictions.
- Western Reactions:
- Some Western leaders support Trump’s tougher stance.
- Critics warn the 50-day deadline may backfire, allowing Russia to consolidate territorial gains.
- Trump’s MAGA base feels alienated, seeing this as a move away from his non-interventionist promises.
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