Ready to offer uninterrupted fuel to India
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Russian President Vladimir Putin offered India uninterrupted fuel supplies on Friday, eliciting a cautious response even as he and Indian Prime Minister Narendra Modi agreed to expand trade and defence ties between countries with decades-old ties.
The Trump administration, which crippled Russia’s oil sales to India with sanctions, will be watching Mr. Putin’s talks with Prime Minister Narendra Modi.
India continues buying discounted Russian oil despite Western sanctions, then exports refined petroleum products to Europe, undermining restrictions.
India's Oil and Natural Gas Corp will pay into Russia's Sakhalin-1 oil and gas field abandonment fund in roubles, using Indian companies' frozen dividends to retain its 20% stake in the project, three sources familiar with the matter said.
Russia is working to co-opt part of India’s booming tech sector to forge a technological alliance to counter the West and boost its standing with China, in a campaign led by a former U.S.-based deep-cover spy, documents show.
India-Russia agreements: What do they mean for the Indian economy? Can they mitigate US tariff pain?
The recent India-Russia Annual Summit signals a potential shift. Experts highlight the significance of new trade agreements, but caution that while enhanced cooperation with Russia can provide some relief,
A former Pentagon official has offered an unusual assessment of Russian President Vladimir Putin’s India visit, arguing that Donald Trump and not Moscow deserves credit for the warm reception in New Delhi, calling it “Nobel Prize” worthy.
China, a close ally of Russia, is yet to officially comment on Putin's visit to India, while keeping a close watch on the outcome.