🇮🇳 India Sets Record Buying Russian Oil
India’s oil refiners hit a new high in August — buying 2M barrels/day of Russian crude. That makes Russia India’s #1 oil supplier now.
🇺🇸 But the U.S. isn’t happy.
After slapping a 25% tariff on Indian imports of Russian oil, White House adviser Peter Navarro called India’s move “opportunistic” and said it clashes with their push to be a strategic U.S. partner.
💬 He warned:
India’s funding of Russian energy “has to stop”
U.S. tech transfers will be harder while India “cozies up to Russia & China”
🇮🇳 India clapped back:
Says the oil is vital for energy security
India imports 80%+ of its crude
It’s the world’s 3rd largest oil consumer
Cheap Russian oil helps fight inflation
Tensions rising between Washington & New Delhi as both chase their own strategic goals.
#India #Russia #OilTrade #GeopoliticsAndProfit #EnergySecurity