India and Russia deepen energy ties amid U.S. tensions
India is set to deepen energy ties with Russia, preparing for direct LNG sales for the first time since the Ukraine war. This comes amid rising energy prices linked to U.S.-Israeli actions in Iran, highlighting India's strategic energy needs.
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India is rekindling its energy cooperation with Russia, preparing for direct LNG sales for the first time since the Ukraine war. This development follows a reduction in Russian crude oil purchases, seen as a concession to U.S. tariffs. Negotiations could conclude in weeks, despite potential sanctions risks. ⚡
• Skyrocketing energy prices due to U.S.-Israeli actions in Iran.
• Renewed focus on energy security for India amid geopolitical tensions.
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