During his visit to India, President Putin declared at a joint press conference with Prime Minister Modi that Russia is prepared to supply fuel "without interruption" to India. This statement comes as India faces pressure from the Trump administration to halt imports of Russian crude oil.

A Loophole in Sanctions? India-Russia Energy Trade

In response to Russia's invasion of Ukraine, the United States has imposed an additional 25% tariff on India's purchases of Russian crude oil, arguing that these funds are fueling Russia's war effort.

India has taken advantage of the falling prices of Russian crude oil, importing large quantities at low costs. Furthermore, India is reportedly generating substantial profits by subsequently selling this oil to other countries. This state-level resale activity has drawn criticism from Western nations, who accuse India of providing the financial resources necessary for Russia to continue its war.

Strengthening Ties with the "Global South" and Energy Diplomacy

President Putin and Prime Minister Modi praised the cooperation agreements signed before the press conference, with Modi also mentioning the opening of a new Indian Consulate General in Russia. Coupled with the recent completion of a nuclear power plant in Egypt—fully supported by Russia—these moves can be seen as part of a strategy to strengthen ties with influential nations in the so-called "Global South" or "Third Pole."

Both India and Egypt have extremely active energy demands and constantly struggle with power shortages. Therefore, even with the threat of US sanctions, the supply of energy resources from Russia remains highly attractive. To hinder these nations from drawing closer to Russia, the US and Western countries would need to coordinate to become alternative suppliers of affordable energy. However, since many Western nations are themselves grappling with soaring energy prices, they are likely forced into a defensive position against Russia's diplomatic offensive using energy as a weapon.

Ukraine Situation and Paving the Way for Negotiations

Meanwhile, as the US attempts to mediate peace, President Putin has reiterated his warning: "If Ukraine does not withdraw from the Donbas region, Russia will take it by force."

While this can be interpreted as a demonstration of the will to continue the war in order to gain leverage in negotiations, Russia's desire for foreign currency is evident, especially considering its rapprochement with India mentioned above. This approach to India can also be viewed as part of a long-term strategy, anticipating prolonged sanctions should negotiations fail.

References

https://www.bbc.com/news/live/cjwyqpn8252t

https://www.pmindia.gov.in/en/image-gallery/#gallery1168-7

https://www.pmindia.gov.in/wp-content/uploads/2025/12/02.jpg, GODL-India, via Wikimedia Commons

Kremlin.ru, CC BY 4.0, via Wikimedia Commons