American warnings ignored by India! On August 3, according to AFP, after Trump warned India that India would face additional penalties for continuing to purchase Russian weapons and oil, India officially stated its position. Two Indian government insiders said that India will continue to import oil from Russia. An Indian Foreign Ministry spokesperson emphasized that India and Russia have a stable and time-tested partnership.
There will be no policy changes at present. One source pointed out that these are long-term oil supply contracts, and it's not as simple as stopping them immediately. Obviously, in the face of Trump's warning, India's choice is to ignore it. From India's perspective, it's obviously impossible for India to completely cut off the procurement of Russian oil just because the US warns it.
Russian oil is cheap. After the Ukraine-Russia war, Russia has become an important source of oil for India, accounting for 35% of India's crude oil supply. If abruptly cut off, India's oil supply will be affected. More importantly, immediately stopping the purchase would essentially mean India breaking the contract, which would severely impact India's commercial credibility, and even affect Indo-Russian relations.
Clearly, America's warning is actually pressuring India to take sides. Now India's attitude is clear, and it is estimated that seeing India's response, the United States will be very upset. However, although India has made a strong statement, India also played a small trick, that is, several state-owned Indian refineries stopped new purchases of Russian oil in July. It is clear that India wants cheap Russian oil, but is also wary of the US. India is currently in an observation mode, waiting for the US's further reaction.
Original: https://www.toutiao.com/article/1839386457623627/
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