America’s Focus on Russian Oil: Could India Face the Impact
The global energy market has been under intense pressure since the Russia–Ukraine conflict began. One of the most critical developments is America’s strict stance on Russian oil exports . As the United States increases sanctions and monitoring, questions are rising: Will India be affected by America’s focus on Russian oil? India has significantly increased its imports of Russian crude oil in recent years due to discounted prices. However, changing geopolitical dynamics may influence India’s economy, energy security, and foreign policy. Why Is America Targeting Russian Oil? The United States aims to reduce Russia’s revenue from oil exports, which is a major source of funding for its economy and military. To achieve this, America has: Imposed sanctions on Russian oil companies Introduced price caps on Russian crude Pressured countries buying Russian oil Monitored shipping, insurance, and payment systems The goal is to weaken Russia economically without disrupting ...