Whom do you believe more? President Trump, or this retired Indian diplomat whom you have likely never heard of before this moment?
Yeah, me too.
Bannedwith1milKarma on
*’Asked’*
MessagingMatters on
That sounds like a bs excuse by Trump to solicit business for Putin.
Psychological-Bed543 on
Extremely misleading title and post, they are quoting something that the Biden administration asked them to do, this makes it sound like its recent especially with how its put together in the article.
Underp0pulation on
Agent Krasnov reporting as ordered!
FlavorBlaster42 on
Except by „stabilize“ the goal is to stabilize fat profits for the oil industry, and not to stabilize affordable pump prices for consumers.
Jeramus on
What happened to „energy independence“? We should push for more renewables rather than Russian fossil fuels.
Mudder1310 on
Trump probably asked them to cup Putin’s balls like he does as well.
JayBoingBoing on
Tariff the populace to raise money for tax cuts on the rich and buying Russian energy.
Truly an outstanding deal.
jaephu on
Maybe US just wants the higher paying energy customers in europe. Easier than shipping to China or India.
You wonder who’s really controlling the main chess pieces. Trump and Putin may just be the pawns.
MaxPower91575 on
did they ask for underage girls? Trump likes them.
LukeLecker on
This is from the Biden admin holy shit guys read
treetopalarmist_1 on
????? Oh yeah, the puppet
BigCountry1182 on
I would consider signing an incentive/disincentive laced deal… if your ground forces touch land outside of recognized Russian territory, try to enforce air control outside of recognized airspace, or in anyway interfere with international shipping – the deal is off and we recommend Ukraine for Nato membership
I will remind everyone that dollar diplomacy is part of the reason the US is the world’s superpower
BALLSTORM on
Solid.
ItchyResponse0584 on
Hypocrisy and personal convenience is just the name of the game for the West
Comfortable_Gur8311 on
Let them rot, I hope russia falls apart one day.
Financial-Cut-88888 on
JFC Trump is a Russian asset, when will the fucking MIC do something about it.
dark484 on
Kraznov
stupid_cat_face on
Sounds like snake oil to me
bazukadas on
Trump: ~~America~~ Russia & Israel First!
realskibidifortnite on
Sanctions for the headlines, backdoor oil deals for the market
Nice to see the rules based order is as flexible as ever when capitalism needs topping up
J4jem on
Weakest US President in history.
Nachimaka on
Give Alaska back to Russia
Buy Alaskan oil
Brag about domestic Alaskan oil sales
???
Negative profit
Trump Effect
psat14 on
Before the Russian invasion of Ukraine in February 2022, India’s oil and gas imports were predominantly sourced from Gulf countries, with Iraq accounting for about 24%, Saudi Arabia 16%, the UAE around 10%, and other Middle Eastern suppliers making up the bulk. Russia supplied less than 1% of India’s crude oil needs at the time.
The outbreak of the war disrupted global energy markets, as Western sanctions on Russia led Europeans, Japanese buyers, and others to shift away from Russian oil toward alternatives like Saudi supplies. This redirection threatened to spike global oil prices potentially beyond $200 per barrel, exacerbating supply shortages and economic pressures worldwide.
To stabilize prices and limit Russia’s war funding without removing its oil entirely from the market, the Biden administration encouraged India to purchase discounted Russian crude under a G7-imposed price cap of $60 per barrel. This approach aimed to reduce Moscow’s profits while preventing a drastic supply crunch. U.S. officials, including Ambassador Eric Garcetti, later confirmed that India was buying Russian oil at or below this cap as part of this strategy.   
Meanwhile, the EU implemented sanctions banning direct imports of Russian crude and refined products but allowed a loophole: Russian oil refined in third countries was not classified as “Russian” origin. This enabled European buyers to import fuels processed in places like India, where refineries ramped up purchases of cheap Russian crude, refined it into products like diesel and gasoline, and exported to the West. By 2023, Russia had become India’s top oil supplier, comprising 35-40% of imports, while Indian refineries profited from the arbitrage.   Recent EU sanction packages, effective from 2026, aim to close this gap by prohibiting imports of products suspected to derive from Russian crude.  
Compounding these dynamics, OPEC+ (including Russia) implemented production cuts to support prices amid fluctuating demand, effectively squeezing global supply further. This made it essential to keep Russian oil in circulation to avoid even steeper price hikes, pushing India toward the cheapest available option—discounted Russian crude—to meet its energy demands affordably.  
At the same time, the war triggered global food supply disruptions, with Ukraine and Russia being major wheat exporters. This led to increased international demand for Indian wheat, including from EU countries and brokers in Dubai (a key re-export hub). Prices surged, prompting India to impose an export ban in May 2022 to prioritize domestic food security and curb inflation, which was already rising due to higher commodity costs. The UAE followed suit by restricting re-exports of Indian wheat. These pressures on grains contributed to broader inflationary trends in India, making low-cost energy imports even more critical to offset economic strain.    
Finally, U.S. and G7 sanctions have blocked Venezuelan and Iranian oil from global markets, with India largely complying by halting significant imports from these sources to avoid penalties. This further limits diversification options, leaving India with few alternatives beyond Russia and traditional Gulf suppliers amid ongoing geopolitical constraints.     In essence, India’s pivot to Russian oil reflects a pragmatic response to global necessities, with limited room for maneuver.
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26 Kommentare
Art of the deal
Whom do you believe more? President Trump, or this retired Indian diplomat whom you have likely never heard of before this moment?
Yeah, me too.
*’Asked’*
That sounds like a bs excuse by Trump to solicit business for Putin.
Extremely misleading title and post, they are quoting something that the Biden administration asked them to do, this makes it sound like its recent especially with how its put together in the article.
Agent Krasnov reporting as ordered!
Except by „stabilize“ the goal is to stabilize fat profits for the oil industry, and not to stabilize affordable pump prices for consumers.
What happened to „energy independence“? We should push for more renewables rather than Russian fossil fuels.
Trump probably asked them to cup Putin’s balls like he does as well.
Tariff the populace to raise money for tax cuts on the rich and buying Russian energy.
Truly an outstanding deal.
Maybe US just wants the higher paying energy customers in europe. Easier than shipping to China or India.
You wonder who’s really controlling the main chess pieces. Trump and Putin may just be the pawns.
did they ask for underage girls? Trump likes them.
This is from the Biden admin holy shit guys read
????? Oh yeah, the puppet
I would consider signing an incentive/disincentive laced deal… if your ground forces touch land outside of recognized Russian territory, try to enforce air control outside of recognized airspace, or in anyway interfere with international shipping – the deal is off and we recommend Ukraine for Nato membership
I will remind everyone that dollar diplomacy is part of the reason the US is the world’s superpower
Solid.
Hypocrisy and personal convenience is just the name of the game for the West
Let them rot, I hope russia falls apart one day.
JFC Trump is a Russian asset, when will the fucking MIC do something about it.
Kraznov
Sounds like snake oil to me
Trump: ~~America~~ Russia & Israel First!
Sanctions for the headlines, backdoor oil deals for the market
Nice to see the rules based order is as flexible as ever when capitalism needs topping up
Weakest US President in history.
Give Alaska back to Russia
Buy Alaskan oil
Brag about domestic Alaskan oil sales
???
Negative profit
Trump Effect
Before the Russian invasion of Ukraine in February 2022, India’s oil and gas imports were predominantly sourced from Gulf countries, with Iraq accounting for about 24%, Saudi Arabia 16%, the UAE around 10%, and other Middle Eastern suppliers making up the bulk. Russia supplied less than 1% of India’s crude oil needs at the time.
The outbreak of the war disrupted global energy markets, as Western sanctions on Russia led Europeans, Japanese buyers, and others to shift away from Russian oil toward alternatives like Saudi supplies. This redirection threatened to spike global oil prices potentially beyond $200 per barrel, exacerbating supply shortages and economic pressures worldwide.
To stabilize prices and limit Russia’s war funding without removing its oil entirely from the market, the Biden administration encouraged India to purchase discounted Russian crude under a G7-imposed price cap of $60 per barrel. This approach aimed to reduce Moscow’s profits while preventing a drastic supply crunch. U.S. officials, including Ambassador Eric Garcetti, later confirmed that India was buying Russian oil at or below this cap as part of this strategy.   
Meanwhile, the EU implemented sanctions banning direct imports of Russian crude and refined products but allowed a loophole: Russian oil refined in third countries was not classified as “Russian” origin. This enabled European buyers to import fuels processed in places like India, where refineries ramped up purchases of cheap Russian crude, refined it into products like diesel and gasoline, and exported to the West. By 2023, Russia had become India’s top oil supplier, comprising 35-40% of imports, while Indian refineries profited from the arbitrage.   Recent EU sanction packages, effective from 2026, aim to close this gap by prohibiting imports of products suspected to derive from Russian crude.  
Compounding these dynamics, OPEC+ (including Russia) implemented production cuts to support prices amid fluctuating demand, effectively squeezing global supply further. This made it essential to keep Russian oil in circulation to avoid even steeper price hikes, pushing India toward the cheapest available option—discounted Russian crude—to meet its energy demands affordably.  
At the same time, the war triggered global food supply disruptions, with Ukraine and Russia being major wheat exporters. This led to increased international demand for Indian wheat, including from EU countries and brokers in Dubai (a key re-export hub). Prices surged, prompting India to impose an export ban in May 2022 to prioritize domestic food security and curb inflation, which was already rising due to higher commodity costs. The UAE followed suit by restricting re-exports of Indian wheat. These pressures on grains contributed to broader inflationary trends in India, making low-cost energy imports even more critical to offset economic strain.    
Finally, U.S. and G7 sanctions have blocked Venezuelan and Iranian oil from global markets, with India largely complying by halting significant imports from these sources to avoid penalties. This further limits diversification options, leaving India with few alternatives beyond Russia and traditional Gulf suppliers amid ongoing geopolitical constraints.     In essence, India’s pivot to Russian oil reflects a pragmatic response to global necessities, with limited room for maneuver.