🇮🇳 India’s Oil Diplomacy: Standing Ground with Russia Amid U.S. Pressure | Crypto Markets React

Despite mounting pressure and new tariffs from the U.S., India has made it clear: its energy security comes first. Indian officials recently reaffirmed that the country will continue importing discounted Russian crude oil, prioritizing economic pragmatism over geopolitical threats.

Russia now accounts for over 35% of India’s oil imports, and this steady trade has allowed India to keep fuel inflation under control—an essential move for its growing economy. Even with narrowing discounts and shipping challenges due to Western sanctions, Indian refiners remain committed to Russian barrels.

⚠️ Meanwhile, the U.S. has imposed 25% tariffs on Indian exports and hinted at 100% tariffs on nations trading with Russia. Despite this, no policy changes have been announced by India—showcasing its independent stance on global trade.

🪙 Crypto Relevance?

Geopolitical friction and energy realignment often act as catalysts in global markets. As traditional markets wobble under sanctions and tariffs, Bitcoin (BTC) and Ethereum (ETH) continue to attract attention as alternative hedges. Volatility in oil and currency markets has historically led to capital flow into decentralized assets.

In the last 48 hours, BTC rebounded from ₹112,600, signaling market sensitivity to macroeconomic shifts.

📌 TL;DR

India to keep buying Russian oil despite U.S. pressure

Trade volumes exceed 1.75M barrels/day from Russia

U.S. reacts with tariffs—India stands firm

Potential ripple effects on global markets & crypto sentiment

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