Putin says India won't bow to US oil sanctions threat

Russian President Vladimir Putin stated on Thursday that India will resist external pressure to abandon its national interests. Speaking at the Valdai Discussion Club in Sochi, Putin said secondary tariffs against major Russian oil buyers like India and China would raise American fuel prices and harm the U.S. economy. He noted India faces roughly $9 billion to $10 billion in potential losses whether it complies with sanctions or accepts penalties for continued Russian energy purchases.

Putin praised Indian Prime Minister Narendra Modi as a wise leader who prioritizes his country's welfare. The Russian president emphasized that India's population would not tolerate humiliation from foreign powers. Washington imposed 50 percent tariffs on Indian imports, with half specifically targeting purchases of Russian oil and weapons. Trump accused India and China of funding the Ukraine conflict through energy deals, but both nations rejected this characterization and refused to submit to American demands.
 

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