I think the EU is the only avenue left for India to turn to, now that India's best friend, the USA, is throwing India under the bus. But then, the EU itself is struggling to find ways to get out of its own dilemma, the hollowing out of its industrial base over expensive energy. It is two stray dogs trying to comfort each other.
India's relation with Russia is already frayed, no longer close and strategic, over energy payments and India's on and off stance not knowing which boat to hang on. Russia's trust in India is no longer unbreakable.
Of course, the Chinese knew all about trusting India, so China is out of the equation.
Anonymous
4 comments:
The untrustworthy Indians have just betrayed Russia as they agree to a trade deal with US which include stopping purchasing of Russian oil.
China is no longer buying Venezuela oil from the hands of the USA and Canada is the one that benefits most from the development. I think Canada saw the opportunity early, and Mark Carney went to Beijing to cut a deal over energy. It was a win-win situation for China and Canada. Canadian oil shipped from Vancouver to China took 40 days shorter than from Venezuela and the savings on cost is substantial. It was to be a blessing in disguise for China really.
India has agreed not to buy cheap Russian oil, and Trump is lowering tariffs on India from 50% to 18%, and India will be buying oil from the USA, albeit not as cheap. Russia can now sell more oil to China, and everyone is, I suppose happy.
Now, what would Russia think of India? Still no better than a stray dog running from one master to another whoever throws it a bone. I think Russia's trust in India is gone for good. India, I understand, still owes Russia money for oil supplied to India over the years. India wanted to pay in rupees, which Russia does not want to accept. That debt is, I suppose to be written off as bad debt, lol. as India is probably not going to pay up now.
Jaishanker said India will buy oil from whoever they like. India now likes to buy expensive American oil than cheap Russian oil, like the Europeans.
That is why EU and India are following the same trap set by the USA. Two stray dogs trying to comfort each other by hugging the USA master.
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