Home » US Sanctions Russia’s Energy Giants to Nudge India & China Towards West’s Costlier Crude

US Sanctions Russia’s Energy Giants to Nudge India & China Towards West’s Costlier Crude

by Marko Florentino
0 comments


https://sputnikglobe.com/20251023/us-sanctions-russias-energy-giants-to-nudge-india-and-china-towards-wests-costlier-crude-1123004492.html

feedback@sputniknews.com

+74956456601

MIA „Rossiya Segodnya“

2025

News

en_EN

Sputnik International

feedback@sputniknews.com

+74956456601

MIA „Rossiya Segodnya“

https://cdn1.img.sputnikglobe.com/img/103262/29/1032622978_173:0:2904:2048_1920x0_80_0_0_25411fdd40d5e3ea6a7ab6771fedec6e.jpg

Sputnik International

feedback@sputniknews.com

+74956456601

MIA „Rossiya Segodnya“

russia’s rosneft, lukoil under sanctions, russia sanctions, us sanctions on russia, us sanctions on russian oil, russian oil exports, russian economy under sanctions, russia–india–china energy corridor, will us sanctions stop oil flows from russia to india, will us sanctions stop oil flows from russia to china

russia’s rosneft, lukoil under sanctions, russia sanctions, us sanctions on russia, us sanctions on russian oil, russian oil exports, russian economy under sanctions, russia–india–china energy corridor, will us sanctions stop oil flows from russia to india, will us sanctions stop oil flows from russia to china

By freezing Rosneft and Lukoil’s US assets—and warning foreign banks that transact with them of secondary sanctions—America is weaponizing its financial clout to “distort” global markets, believes energy geo-economics expert Dr. Hriday Sarma.

What is presented by the West as a move to ostensibly push Russia towards talks on ending the Ukraine conflict “conveniently serves the US’ long-term goal — pushing Asia’s largest consumers, India and China, away from discounted Russian crude, Dr. Hriday Sarma, a professional specializing in international affairs, told Sputnik.

Sanctions Won’t Stop the Flow

Sanctions are unlikely to break the Russia–India–China “energy corridor,” believes the analyst.

“Instead, the restrictions may push Russia, India and China toward more resilient payment systems — yuan or rupee settlements — and new logistics routes insulated from Western influence,” Dr. Sarma speculated.

*US moves risk spiking EU costs for states still relying on Russian energy via intermediaries like India and Turkiye, noted the expert. He pointed to the fact that Brent crude has already jumped nearly 5% to $65.65 per barrel following the US announcement.

The US, emphasized the analyst, risks punishing its allies, who will face spiking energy costs as American LNG is sold at a premium to boost its own profits.

Russian President Vladimir Putin, right, and Chinese President Xi Jinping shake hands during their meeting on the sidelines of BRICS Summit at Kazan Kremlin in Kazan, Russia, Tuesday, Oct. 22, 2024. - Sputnik International, 1920, 16.10.2025

China Defies US Pressure, Upholds Legal Oil Trade With Russia





Source link

You may also like

Leave a Comment

NEWS CONEXION puts at your disposal the widest variety of global information with the main media and international information networks that publish all universal events: news, scientific, financial, technological, sports, academic, cultural, artistic, radio TV. In addition, civic citizen journalism, connections for social inclusion, international tourism, agriculture; and beyond what your imagination wants to know

RESIENT

FEATURED

                                                                                                                                                                        2024 Copyright All Right Reserved.  @markoflorentino