Has Modi Pissed Putin Over Trump? Tensions are brewing between India and Russia as Prime Minister Narendra Modi’s government deepens energy ties with the U.S., potentially upsetting Moscow. Amid ongoing geopolitical shifts, India’s increased oil purchases from the U.S. are seen as a strategic move, raising questions about its long-standing partnership with Russia. Russian experts weigh in on whether Putin feels betrayed and how Trump’s influence is reshaping global energy dynamics. Is this a game-changer for India-Russia relations?
#ModiPutinTensions #IndiaRussiaRelations #USIndiaOilDeal #TrumpModiAlliance #PutinOnIndia #Geopolitics2025 #EnergyWars #IndiaUSPartnership #RussiaIndiaTies #OilTradePolitics #ModiTrump #PutinResponse #GlobalPowerShift #USIndiaEnergy #BreakingNews
Also Read
Japanese Prime Minister Shigeru Ishiba's Washington Visit Aims to Establish Trust with President Trump :: https://www.oneindia.com/international/japan-ishiaba-washington-trip-trump-connection-011-4065309.html?ref=DMDesc
Marco Rubio Highlights Trump's Genuine Interest in Greenland and Panama Canal Due to China Threats :: https://www.oneindia.com/international/rubio-trump-greenland-panama-canal-china-concerns-011-4058145.html?ref=DMDesc
Trump's Controversial Claims Linking Diversity Hiring to DC Plane Crash Under Scrutiny :: https://www.oneindia.com/international/trump-blames-dei-for-dc-plane-crash-011-4058133.html?ref=DMDesc
~HT.178~GR.121~
#ModiPutinTensions #IndiaRussiaRelations #USIndiaOilDeal #TrumpModiAlliance #PutinOnIndia #Geopolitics2025 #EnergyWars #IndiaUSPartnership #RussiaIndiaTies #OilTradePolitics #ModiTrump #PutinResponse #GlobalPowerShift #USIndiaEnergy #BreakingNews
Also Read
Japanese Prime Minister Shigeru Ishiba's Washington Visit Aims to Establish Trust with President Trump :: https://www.oneindia.com/international/japan-ishiaba-washington-trip-trump-connection-011-4065309.html?ref=DMDesc
Marco Rubio Highlights Trump's Genuine Interest in Greenland and Panama Canal Due to China Threats :: https://www.oneindia.com/international/rubio-trump-greenland-panama-canal-china-concerns-011-4058145.html?ref=DMDesc
Trump's Controversial Claims Linking Diversity Hiring to DC Plane Crash Under Scrutiny :: https://www.oneindia.com/international/trump-blames-dei-for-dc-plane-crash-011-4058133.html?ref=DMDesc
~HT.178~GR.121~
Category
🗞
NewsTranscript
00:00U.S. oil and gas are usually more expensive for India compared to Russian or PEC countries.
00:07Trump has often criticized Indian tariffs on American goods and he calls them unfairly high.
00:15Will India put economic sense first or will it give in to U.S. trade demands?
00:22Russia's role as a major energy supplier to India and how will India balance in this case?
00:30Thank you so much for joining Olga. Olga Kharina, you are an expert on trade. Of course,
00:37you are in Russia, in Moscow and the recent development of how Prime Minister Narendra
00:44Modi of India, he went to USA, he made multiple deals and the biggest thing that he said
00:50that U.S. could become the biggest supplier of crude oil to India. Earlier it was Russia.
00:57So how do you take it? How do you take this news being in Russia? What is the sentiment about it?
01:04Oh, thank you. It's quite, yes, great news even for Russians and also we have some worries about
01:10these deals and disagreements with the USA. But I would like to highlight some key points.
01:19I've noticed some three strategic key points of this visit. The first one, of course, about energy.
01:28The second is about some trade issues and some tariffs and so on. And the third one is some
01:36strategic issues about military things. You speak about, for example, the USA presence
01:46in Indian Ocean. And, for example, as I saw this, it's a kind of opposite position to China.
01:58So, of course, if we speak about some energy things, about energy supplies, yes, this is quite
02:08honest and quite straight thing if we speak about the USA presence in India. But I also
02:17would like to highlight that Trump has often criticized Indian tariffs on American goods
02:23and he calls them unfairly high. And his comments about using the U.S. oil and gas
02:32exports to reduce the trade deficit feed with the U.S. broad energy policy of, for example,
02:42using energy exports to boost its economic and geopolitical influence even in the region.
02:50So, I would like to highlight that U.S. oil and gas are usually more expensive for India compared
02:58to Russian or PEC countries. Even we speak about Qatar and we speak about Australian resources.
03:08And India has been making energy deals with Russia at lower prices, especially since 2022,
03:18and working to diversify its energy sources to keep costs down and ensure energy security.
03:27If India starts buying more energy from the U.S. because of trade pressure, for example,
03:34from Trump administration and so on, it could end up being more expensive than the U.S. offers
03:43or other benefits. So, I would like to bring a question. Will India put economic sense first
03:51or will it give in to U.S. trade demands and find the right balance between staying independent
04:00or cooperating on trade is a key issue for both countries. So, I think we can't say that in
04:10the short term India is unlikely will dramatically change its energy policy to favor the U.S.
04:21But it could use the U.S. proposals and the U.S. energy sector to secure better trade and investment
04:33policy. So, in the long run, it will much depend on how the U.S. and China, some relations,
04:47rivalry, for example, involves. And of course, Russia's role as a major energy supplier to India
04:55and how will India balance in this case, it will be the end key and the end issue for
05:04all countries in this oil market and so on. But for the understanding of a layman, Olga,
05:11can you tell us India buying the American oil, how expensive will it be? Because, of course,
05:18then you are talking about transporting the oil from the West. Here you were buying oil from
05:23Russia. It is much easier to reach it to the refineries. So, will that really make a big
05:30difference? The oils will be more expensive for Indian consumers? Yes, it will be quite much
05:37expensive if we speak about transporting. And it depends on some reasons. The first reason is
05:44shipping routes. For example, if the U.S. oil and gas will transport to India via sea routes,
05:53it makes quite vulnerable and some routes are not very stable. And maybe there will be some
06:06shipping delays. This is the first case. The second case is high LNG prices. We speak about
06:14liquidity to natural gas, for example. Also, the U.S. is a major exporter of the LNG. Its price
06:27may be higher compared to other suppliers. For example, if we speak about Russia or Australia
06:39or the United Arab Emirates and so on. And since India is a developing country, if we speak about
06:48understanding of the U.S., high LNG prices can negatively affect its economy. Also, we can't
06:59predict some oil prices and oil markets. And it's also quite vulnerable. And India depends heavily
07:07on oil imports and some oil prices. And it can make U.S. oil more expensive, which can lead to
07:20high costs for Indian consumers. It was just a couple of weeks back,
07:26we had all these discussions about BRICS and how the business of oil, which is being done in
07:33dollars, that will be transformed into a new currency or the BRICS will have its own currency,
07:40or at least in the local currencies of Saudi or Russia. All that has got a big setback because
07:49of this decision of India. Is there a setback for Putin himself because of this?
07:55I don't think so. I don't think so that this is a kind of setback. I think India's role in BRICS
08:04countries and Indian bro group and its expansion, for example, is quite high. And India wants to
08:12keep some distance, I think, to keep some distance from the U.S. and can be kind of a balanced
08:21country between Russia and China without getting tied down by any one side agenda. And
08:33if the U.S. pushes India for more energy imports, India will likely use this to negotiate better
08:43deals in other areas like technology, like investment, like market access. And I would
08:51like to say that this is a kind of strategic autonomy. This is a real understanding of this
08:59policy of India. So this is a balance between two groups of countries. We speak about, for example,
09:09Western countries and even if we speak about BRICS countries. And this is not an opposite
09:16thing if we speak about, for example, our relations with Russia. But Modi cannot be
09:23friends with Trump and Putin together. Is that really possible? Yes, of course. But this is
09:30the real policymaking. But then this is a new world order then with Trump becoming the president.
09:38Of course. But this is the real policymaking for India. It's all national interests for India to
09:46have some priorities from different sides and to understand how to behave better with this leader
09:54or another leader. And of course, if we speak about Russia, we also see some increases even in
10:00trade. If we speak about, for example, energy, we can see that it's nine percent higher if we
10:09compare with even December. If we think about trade between Russia and India, also we speak
10:17about energy and oil and gas resources. So it's like a kind of a balance between two countries,
10:26two blocks, if we can see. And also, of course, we have discussions with India about our MIR system
10:35and integration with RUPEI system. So it's also a kind of thing that will be good for both countries
10:45even when we speak about some money investments and so on and so on. So we can't say that if
10:53Modi visits the US and has some agreements with Trump and other people in Trump's administration,
11:03we can say, OK, this is an opposite side. If we speak about Russia and we speak about
11:10BRICS countries, of course, China in difficulties with China. Yes, we have some difficulties within
11:16this block. We have some difficulties with the US. But we can say that India just changed the policy
11:24completely due to Trump administration, due to this visit. This is a balance between different
11:32difficulties in our world. And the common thing that I see now, this is the peaceful meetings for
11:40conflict resolution for all countries. Russia wants some peaceful meetings. The US wants some
11:49peaceful meetings for some conflicts in the world. And of course, India wants this peaceful meetings.
11:55So this is a kind of a common thing for all countries. They can unite in peace in these ways.
12:02But if we speak about trade and we speak about some national interest, I think it's quite good
12:07policy for India, for Modi's administration. Of course, this is the whole implementation
12:16of this strategic autonomy, the policy of this strategic autonomy for India.
12:23Thank you so much for your time, Olga, and giving us all these details that what is really happening.
12:28We had this understanding that, of course, it could be disheartening for Putin, considering
12:34whatever is happening and the war going on between Russia and Ukraine. And hopefully,
12:40we'll have a solution soon as Putin and Trump are meeting in Saudi Arabia. The date is not decided
12:46yet, but the world is looking forward to this meeting and for the result of it. Thank you so
12:53much for your time, Olga. Of course, we hope we will change our world together, of course.
12:59That's going to be a completely different setup that we are going to see if it works out.
13:06Of course, I hope so. Yes. Thank you. Thank you so much for your time.
13:10Yes. Yes. Goodbye.
13:12Don't miss out. Log on to OneIndia.com for more updates.