Despite US tariffs targeting India for buying Russian oil, Moscow confirms continued supply with commercial discounts and strong energy ties.
Russia has announced a 5% discount on crude oil supplies to India, reaffirming its commitment to energy cooperation despite growing US pressure and tariffs imposed on New Delhi.
US Tariffs Target India Over Russian Oil Purchases
- The United States has imposed 50% tariffs on India, accusing it of indirectly funding Russia’s war in Ukraine by purchasing its oil.
- White House trade adviser Peter Navarro said India acts as a “global clearinghouse” for Russian oil, enabling Moscow to earn vital dollars despite embargoes.
- India condemned the US move as “unfair, unjustified and unreasonable,” warning that tariffs could severely impact sectors like textiles, marine, and leather exports.
Russia’s Response: Continued Supply and Trust in Bilateral Ties
Russian Deputy Trade Representative to India, Evgeniy Griva, confirmed that:
- There will be a 5% discount (subject to negotiation) on oil prices supplied to India.
- The volume of oil imports by India will remain roughly the same despite external pressures.
- Discounts are commercial secrets but typically fluctuate around 5%.
Russian Deputy Chief of Mission, Roman Babushkin, emphasized the strong energy partnership, stating:
“Despite the challenging situation, we have trust in our ties and are confident that India-Russia energy cooperation will continue notwithstanding external pressure.”
US Intent Behind Sanctions
At a press briefing, White House spokesperson Karoline Leavitt clarified:
- The tariffs on India aim to pressure Russia to end the Ukraine conflict by targeting its key oil buyers.
- President Trump has taken “tremendous public pressure” actions, including sanctions on India, to expedite peace talks.
- The US threatened sanctions not only on Russia but also secondary sanctions on countries buying Russian oil if no progress is made.
India’s Firm Stand Amid Economic Pressure
- Prime Minister Narendra Modi has stated that India will not back down in the face of economic sanctions.
- India remains one of the top buyers of Russian oil, along with China, maintaining its energy security despite geopolitical tensions.
Summary
| Aspect | Key Details |
|---|---|
| Russia’s offer | 5% discount on oil prices to India |
| US action | 50% tariffs on India for buying Russian oil |
| India’s reaction | Condemned tariffs; refuses to yield under pressure |
| Bilateral ties | Strong trust and ongoing energy cooperation |
| US goal | Use sanctions to end Russia-Ukraine conflict |
The evolving India-Russia energy partnership, highlighted by Russia’s oil discount, showcases the complexity of global geopolitics amid the Ukraine conflict. Despite US sanctions, both nations appear committed to sustaining strategic ties while navigating international pressures.
Also Read : Trump Imposed High Tariffs on India to Pressure Russia Amid Ukraine Conflict, Says White House
