US Sanctions Rattle India: Reliance Halts Russia Oil Deal, Imports To Hit Zero? | India Today

Описание: This special report focuses on the Trump administration's latest sanctions against Russian energy giants Rosneft and Lukoil and the significant repercussions for India's energy security. The discussion also covers the future of a major long-term oil import deal between India's Reliance Industries and Rosneft. U.S. President Donald Trump stated, 'I spoke to the Prime Minister Modi today, as I mentioned before, and we just have a very good relationship. And he's not going to buy much oil from Russia.' The sanctions, announced in October 2025, block access to US dollar financing and have compelled Indian refiners, including the previously largest importer Reliance, to suspend pacts and seek alternative supplies from the Middle East, the US, and other regions. This marks a major realignment of India’s energy sourcing, which had seen dependence on Russian crude rise to as high as 39% in mid-2024.

#USSanctions #IndiaRussia #OilImports #itwebvideos #EnergySecurity #DonaldTrump #PMModi #Reliance #Rosneft #Lukoil #CrudeOil


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