India Deepens Russian Oil Ties Despite U.S. Tariff Pressure in 2025

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…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com