Trump Penal threat connects India on Russian oil

India is browsing the delicate balance of balance, Donald Trump threatened the “penalty” threatened the continuous import of Russian oil – Trade that appears reluctant to end the new delhi soon.

Although Trump’s journalist saying on Friday, India “heard” would stop shopping, New Delhi officials communicate. Spokesperson of the Ministry of Foreign Randhir Jaiswal said that the country will decide its energy import sources “based on the price available in the international market and at the time of global situation”.

Following the threat of Trumpen “, the president of the consulting president of the Bob McNally Group, CNBC” Squawk Box “said in Bob McNally Group, CNBC” Squaw Box Asia “

“We’re flipping now and we say:” What are you doing to take all this Russian oil? McNally said.

March 2022 – Since Russia launched the entire invasion of Ukraine, Daleep Singh, the National Directorate of the National Directorate of the U.S. Economic National International International Economy, he said “Friends do not set red lines” and “No ban on the imports of Russia’s energy”.

“Seeing us we wouldn’t see Russian imports in Russia, currently withholds or other aspects of international sanction regime or any other exports,” Singh said, “Singh said

On July 30, Trump announced that India will cover 25% at the beginning of August 1 at the beginning of the unproached “unpunished” to purchase Russian oil and military equipment.

But analysts suggest that India is the third largest energy energy in the world, that it is not flashing for now. Reuters notified that instant modification has not been planned to indian long-term contracts with Russian suppliers, referring to the anonymous sources of government of India who did not want to identify the sensitivity of the subject.

Russia has become Main oil supplier in india Since the beginning of the Ukrainian War, it began to increase in less than 100,000 barrels, or a fee of 2.5% of imports, more than 1.8 million barrels in 2023, or 39%. According to the International Energy Agency, 70% of Russian raw In 2024 it was exported to India.

Indian Energy Minister Singh Puri defended Delhi’s actions in a conversation with CNBC on July 10, saying that the global price has helped stabilize and also promoted the US

“If people or countries stop buying at that stage, it would be an increase in a barrel of $ 130. That was, our friends in the United States, also to buy Russian oil, but within the price cap.”

Russian oil exports They had a $ 60 barrel The seven nations in December 2022 replaced the higher economy of the world while the European Union fell above the price $ 47 for barrels In July.

However, pressure is assembling. Vishnu Varathan, the General Manager of Mizuho Balore, said that the US threats present an “clean risk and present” in India. He said that New Delhi is likely to commit oil shopping.

India must explore the global market with Russian transport carriers, Varathan, Asia EX-Japanese Macro Research.

New Delhi alternatives could explore, Iran – US exception if they are a business, as well as the US pressured within or out of Opec +, “Varathan said.

Had OPEC + BLOC To climb the agreed output on Sunday In September 547,000 barrels a day, as they assemble potential supply-related supplies related to Russia.

India will face the hard choice, Rapida said McNally said.

“Trump is severely frustrated with Putin. It will be a tough opportunity to make India, but it is difficult to see if a million barrels importing raw Russians if Donald Trump puts the whole relationship.