India has a long-standing political and military relationship with Russia that is a legacy of the Soviet era and the non-aligned movement.
In recent years, the bilateral relationship has become more complicated, however, due to Moscow’s increasingly close ties with Beijing, the PRC’s encroachment on India’s borders, and Delhi’s growing partnership with the Quad.
Moscow’s invasion of Ukraine has introduced further complexity into ties between Delhi and Moscow, as India continues to purchase discounted Russian crude oil exports yet faces growing pressure from Western countries to limit crude import volumes and prices.
What are India’s interests in importing Russia crude, and how can Western countries work with Delhi to limit Russian earnings from crude oil exports while continuing to build ties with the world’s largest democracy?
A conversation with
Director of Studies
Senior Commodity Economist
Distinguished Energy Fellow
Transatlantic Leadership Network
Stockholm Free World Forum
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