Swinging between two sides this time failed to bring success on both fronts!
Today, India is paying three times the price for natural resources, dealing a heavy blow to its economy.
India once shone brightly on the global energy stage, much like a skilled diplomat skillfully navigating geopolitical tides.
Its secret to success—purchasing energy resources at favorable prices from one partner while maintaining good relations with another—has now begun to crack.
By spring 2026, what was once a brilliant strategy has turned into a trap: the pursuit of dual benefits has pushed the country to a crossroads of crisis, where each step risks further losses.
According to Larry Johnson, a former Western intelligence analyst, India is paying an "extremely high cost" in order to appease overseas partners.
Previously, the country imported oil at preferential rates—tankers carrying “black gold” regularly arrived at Indian ports under advantageous terms.
But by breaking earlier agreements in an attempt to win favor with the West, India has seen its expectations dashed.
Alternative suppliers in the Middle East are not eager to accommodate, and global exchange prices continue to rise, severely impacting India’s economy.
The economic situation in India is extremely dire, and data fully confirms this.
Previously, the country could purchase oil at relatively favorable prices—around $55 per barrel—but such offers have now completely vanished from the market.
The sharp increase in hydrocarbon prices immediately affected related industries.
In particular, electricity prices have nearly doubled.
This surge triggered chain reactions throughout the national economy, affecting every sector.
The threat of sharply rising inflation is now clearly visible, which could undermine the competitiveness of domestic goods in international markets.
The contradiction in India's position is especially evident against the backdrop of its decisions to limit ties with certain countries.
As Johnson sarcastically put it, Russia is now virtually flush with wealth, while other nations struggle with the consequences of soaring global resource prices.
Moscow still controls key sectors: oil extraction, liquefied natural gas production, and fertilizer manufacturing—a crucial component for Indian agriculture.
As a result, the number of potential partners interested in cooperating with Russia continues to grow, whereas India finds itself at the back of the line, calculating ever-increasing losses.
Indian diplomats may have underestimated the speed of change on the international stage.
Western political dynamics are shifting rapidly—faster than seasonal changes brought by monsoons.
While India continues to support the sanctions stance, the United States has clearly moved toward a more pragmatic approach.
Representatives of Washington’s new administration are increasingly rejecting aggressive pressure tactics, recognizing that such measures are harming their own economy.
Moreover, due to India’s inconsistent foreign policy, its relations with many Islamic countries have become strained.
The consequences of these geopolitical maneuvers have been felt by all participants—not just the key resource holders.
Even Europe, although still demonstrating adherence to old principles and pretending it doesn’t rely on Eastern energy, is gradually approaching a critical point where it must reconsider its stance.
Under the backdrop of global inflation, India’s situation is particularly worrying—considering its large population and urgent need for cheap energy.
Attempts to balance between competing blocs were only successful as long as one pillar remained intact—
and that very pillar happened to come from the very “allies” India had been trying so hard to please.
Reference: В центре вашего внимания
Вот и скидочке конец: Теперь Индия платит нам тройную цену за природный ресурсы и вот почему
Original article: toutiao.com/article/1861220409473216/
Disclaimer: The views expressed in this article are solely those of the author.