Trump’s Iran war pushes India to rekindle old friendship with Russia
Summary
Amid rising energy prices after the US-Israeli attack on Iran, India is deepening energy ties with Russia, potentially resuming Russian LNG imports despite Western sanctions, reflecting a shift in its strategic partnerships.
Key Points
- India plans to deepen energy cooperation with Russia, including resuming direct sales of Russian liquefied natural gas (LNG).
- The potential LNG deal could violate Western sanctions but negotiations may conclude within weeks.
- India sharply curtailed Russian crude oil imports due to US tariffs but is now increasing purchases amid energy supply disruptions from the Middle East.
- Russia and India are expanding trade in rupees and roubles and exploring broader cooperation including power transmission and air connectivity.
