Trump's Iran war pushes India to rekindle old friendship with Russia
India is rekindling its old friendship with Russia due to the US-Iran conflict, with discussions to resume LNG trade and potentially double Russian crude imports. India has approached the US for a sanctions waiver, as it seeks to secure its energy needs amidst rising global tensions.
India and Russia are discussing a potential LNG trade deal. The two countries agreed to prepare for Russia to resume direct sales of liquefied natural gas. India's Russian crude imports could also double to 40% of its total supply. The talks come amid skyrocketing energy prices triggered by the US-Iran conflict. India has approached the US for a sanctions waiver. The country is seeking to secure its energy needs amidst rising global tensions.
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