India Deepens Russian Oil Ties Despite U.S. Tariff Pressure in 2025
Market Intelligence Analysis
AI-PoweredIndia is deepening its ties with Russia in the energy sector, despite US pressure and sanctions, by purchasing discounted Russian oil and gas, which may have significant implications for the global energy market.
Market impact analysis based on bullish sentiment with 64% confidence.
Article Context
Since the Russian invasion of Ukraine in 2022, the global energy landscape has changed significantly, as the United States and Europe introduced strict sanctions on Russian energy. This led to a rapid movement away from Russian oil and gas by Europe, as countries scrambled to find alternative supplies. As Russia lost many of its main energy trade partners, it also looked elsewhere, offering oil and gas at heavily discounted prices. The tactic worked, as China and India stockpiled vast quantities of low-cost Russian energy. Moscow now aims to strengthen…
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