US warns India over oil deal with Russia - page 2.

xSkylarx

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Quote from: Pomogator on March 26, 2022, 04:48:00 AM

Quote from: macson on March 22, 2022, 05:27:24 PM

The bad thing about the US government is that they really want to control other countries and if it is related to the opposing country then warnings and even severe sanctions will be given to the country they feel is under their control, now they are trying it on india. Russia-Ukraine war should not affect global trade, because many other countries need each other, especially oil.

I do not understand the actions of the United States from the logical side. They want to completely abandon all energy raw materials and force the rest of the world to do it. This is a very strong blow to the economies of these countries, for many it is a death sentence. I don’t understand why Biden dictates such conditions to the whole of Europe?

I think its because Biden wants the whole Europe to suffer but in the end we are all affected to it , imagine the prices now are really high and those who are earning minimum having difficulty of buying their own food. On the other hand the india would really buy if it has discounts as you can see the price of oil is not that affordable now so even my self i would really buy it

Pomogator

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Quote from: macson on March 22, 2022, 05:27:24 PM

The bad thing about the US government is that they really want to control other countries and if it is related to the opposing country then warnings and even severe sanctions will be given to the country they feel is under their control, now they are trying it on india. Russia-Ukraine war should not affect global trade, because many other countries need each other, especially oil.

I do not understand the actions of the United States from the logical side. They want to completely abandon all energy raw materials and force the rest of the world to do it. This is a very strong blow to the economies of these countries, for many it is a death sentence. I don’t understand why Biden dictates such conditions to the whole of Europe?

Joshapat

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Trading sanction with Russia is increasingly massively enacted USA and Europe, of course the main purpose of suppressing so that Russia is getting weaker, India is a big country that has a great collaboration and dependence with Russia, especially relations with neighbors such as Pakistan and China increasingly difficult to make India need Russia Securing a position in the area, of course the prohibition of cooperation with Russia will have a serious impact in the future.

mindrust

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Quote from: DVlog on March 16, 2022, 06:08:40 AM

White House Press Secretary Jane Sackie said, "We believe that India will not violate US sanctions by buying oil from Russia through discounts." However, he warned India that such a move would lead the world's largest democracy to the wrong side of history.

India's largest refiner, Indian Oil Corporation, bought 3 million barrels of crude oil from Russia, Reuters reported on Monday. This is the first such transaction since Russia launched an operation in Ukraine on February 24. Indian officials also told Reuters that Delhi could accept Russian offers for oil and other products at a special discount.

Link: https://www.independent.co.uk/news/world/americas/us-politics/russia-india-oil-deal-us-psaki-b2036822.html

Why would India give a fuck about US sanctions? The US should stop believing that everybody should take orders from them. If India sees a good deal, they will take it just like China does. Why don't they warn China anyhow? Is it because China is not the weakling which US can bully freely?

While the oil prices are going $120+ in the western sphere of the world, India/China and others enjoy them cheap Russian oil thanks to the US.

Vaskiy

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The latest warning given by USA on weapon trade. India is the largest importing country from Russia. During the year 2017-2021 it was found to be 46% whereas with other countries it constitutes about 27.3% and with USA it is just 12.1%. During the year 2021 India tops the import list on weapons, and it is about 17.2%. Now USA have imposed heavy sanctions over Russia. By the time countries that import weapons will also be imposed with specific sanctions.

Semar Mesem

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India has a great bond and dependence on Russian gas, this is because India is difficult to buy gas directly from the Arab countries for many reasons, in addition India also has a problem with China so that India's biggest expectations are Russia, if the USA prohibits relating to Russia, of course raises more complicated problems.

Sithara007

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Some of the Indian importers, such as Reliance have announced that they won't be buying crude from Russia. These companies have significant exposure in the United States and if they import Russian commodities, then they may come under counter-sanctions. However the government-owned refineries and importers are continuing to import produce from Russia, although in smaller quantities. So it looks as if the US sanctions do have some impact, even in India. And right now Brent crude is trading at $116 per barrel. If the prices remain at this level, a lot of oil consuming nations will go bankrupt.

macson

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The bad thing about the US government is that they really want to control other countries and if it is related to the opposing country then warnings and even severe sanctions will be given to the country they feel is under their control, now they are trying it on india. Russia-Ukraine war should not affect global trade, because many other countries need each other, especially oil.

JSRAW

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Quote from: sana54210 on March 21, 2022, 04:29:45 PM

Quote from: JSRAW on March 20, 2022, 10:37:35 PM

GOI still trying to balance power equation for various reason. Make no mistake Delhi is very pissed at Moscow due to their recent adventure but they can't do much about it for various reasons, mainly due to dependence on weapons (Almost 65% weapons are of Russian origin), although they are diversifying for a quite some time but this is a long and tedious process due to Western block attitude barring France. There is a possibility that situation might change a bit in future (Read QUAD).

And then we already have hot borders with 2 nuclear adversaries. Pissing off 3rd nuclear power doesn't make sense, who happens to be your arm exporter, no matter how much virtual signalling coming from the West because everyone is clear that all they are gonna do is lip service if India is facing 2 front war.

If it was only about the weapons, they could have spent the same money to USA and get them very easily,

Well, In the past India reached out to USA many times but they denied any assistance every single time. Not to mention USA provided tons of weapons to Pakistan which were used against India. Just to give you one small example, during 1999 Kargil war USA even refused to share GPS data to the Indians because they were in bed with the Pakistan.

And recently Indians also saw how USA-UK easily agreed to share Subs with the Australia, although Indians don't mind that because IND-AUS are buddies but compare this AUKUS deal with India's request in the past. At that time USA literally laughed at Indians and it came out as " You're not white enough". And guess which country agreed to help India? It was Russia.

Quote from: avikz on March 16, 2022, 11:37:14 AM

Indians didn't forget 1971 war when Bangladesh was liberated from the hold of Pakistan by Indian forces. The entire world was against India except Russia. Russian submarines were present at the warfield by the request of Indian Prime minister Indira Gandhi. Take a little history lesson and you will understand why India refrained from voting against Russia in UN.

Quote from: eaLiTy on March 18, 2022, 04:18:30 PM

there is a history between India and Russia during a war when US was supporting Pakistan and Russia literally saved India by blocking US in getting involved during the 1971 war. India cannot survive fighting China and Russia, so everything is political and strategical.

Quote from: stompix on March 22, 2022, 02:28:27 AM

Quote from: JSRAW on March 20, 2022, 10:37:35 PM

As far as this oil debate goes. India only import 2% of oil from the Russia and even if India increase this share by 7-10% (Which is highly unlikely) I still don't see any sanction on India because last i check there is no ban on Russian oil, traders are not buying it but there is no ban whatsoever.

You stopped short of pointing out a really interesting thing. India imports 2% of its oil from Russia, and 8% from the US. nevertheless, one of the few posts that make sense well beyond the national pride that seems to be the only reasoning in others.

And for a lot of people on this topic, this news might come as shock:
Union Minister Hardeep Singh Puri has cleared the air over Russian oil imports. Speaking in Parliament, he said that the government has imported only 0.2% of their requirement from Russia.
and this one:
India's oil imports from US to rise by 11% amid criticism over Russia purchase

I'm definitely waiting for the comeback of all the ones that were so radical on this issue just a few days ago, popcorn time!!!

For Non-Indians this might be a shocking news but i like to believe majority of Indian posters are already aware of this, after all we're big importer of oil and its major issue for almost everyone. One of the major reason Indians are calling out hypocrisy of the western commentators, media outlets or in some cases Parliamentarians.

AicecreaME

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Quote from: Husires on March 16, 2022, 10:10:39 AM

A complete oil embargo cannot be imposed unless all countries comply with that embargo.
During the sanctions imposed on the Iranian regime, that country sold oil to some countries, and Russia's capabilities are much greater than Iran's.

It's gaining opportunities, Russia can sell oil at less than the world price and still be profitable, and the same for India, Russia is closer to them than Saudi Arabia and they can get them at a discount.

The problem lies in dealing in dollars, and this can be bypassed by using the barter system or by keeping mutual reserves between the two countries without the need to impose financial penalties on them because they did not use the dollar in those operations.

Well-constructed. If not every country would follow the restrictions set regarding the permission about buying and selling to Russia, the imposed embargo would just be futile. Maybe it isn't just on news, but perhaps there are still some countries bypassing the memo brought down regarding it. I'm guessing they are doing it secretly because after all, they know the repercussions that come with it if the world will know about the transactions.

It's frustrating to know that there are countries like these, but I can't totally blame them if they see an opportunity to buy some in much cheaper price compared to the other countries selling right now such as oil. I just hope it won't be as massive because what would be the sanctions for, right?

Lizzylove1

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Report says UK and Germany are still buying oil from Russia, because it's not something they can just cut off immediately due to the ripple effect on economic. India actually have rght to decide their destiny. The war should stop and nations should unit to build Ukraine.

ultrloa

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Quote from: Reid on March 22, 2022, 07:00:04 AM

Quote from: avikz on March 16, 2022, 11:37:14 AM

Does it matter? Many European countries are still buying from Russia. So what's the problem with India? It's hilarious to see when US speaks such non sense because they are the only country who are responsible for the most number of wars in the history of humankind.

My same thought. Big brother is going to get mad with little brother because he was supposed to be also angry with the enemy of his big brother even though it had nothing to do with him. That's insanely dictatorship in a democratic country. Cheesy

And they say they were the land of the free, eh?
I bet a lot of the supreme whites are now cursing the call center agents when they hear their a bit of that accent.
Well, if US are their biggest consumer of oil then it should not matter. They are hurting them on their own and they are the ones who called the sanction not India.

They use thay word so that they can get sympathy from other parts of the world and they want to make their image good like they are a friendly country to all but we know what there agenda and that is to control the other country to gain a benefits with them. Maybe other country should stop patronizing uncle sam and decide what best for them since this will be more better to their country to avoid getting hit by possible crisis that might happen to their country.

Reid

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Quote from: avikz on March 16, 2022, 11:37:14 AM

Does it matter? Many European countries are still buying from Russia. So what's the problem with India? It's hilarious to see when US speaks such non sense because they are the only country who are responsible for the most number of wars in the history of humankind.

My same thought. Big brother is going to get mad with little brother because he was supposed to be also angry with the enemy of his big brother even though it had nothing to do with him. That's insanely dictatorship in a democratic country. Cheesy

And they say they were the land of the free, eh?
I bet a lot of the supreme whites are now cursing the call center agents when they hear their a bit of that accent.
Well, if US are their biggest consumer of oil then it should not matter. They are hurting them on their own and they are the ones who called the sanction not India.

TheNineClub

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Quote from: DVlog on March 16, 2022, 06:08:40 AM

White House Press Secretary Jane Sackie said, "We believe that India will not violate US sanctions by buying oil from Russia through discounts." However, he warned India that such a move would lead the world's largest democracy to the wrong side of history.

India's largest refiner, Indian Oil Corporation, bought 3 million barrels of crude oil from Russia, Reuters reported on Monday. This is the first such transaction since Russia launched an operation in Ukraine on February 24. Indian officials also told Reuters that Delhi could accept Russian offers for oil and other products at a special discount.

Link: https://www.independent.co.uk/news/world/americas/us-politics/russia-india-oil-deal-us-psaki-b2036822.html

Hmm...haven't BP or Shall back paddled on their promise of buying OIL from Russia after prices dropped significantly? I mean, India isn't doing anything those companies aren't as well. This seems like bullying from the US, maybe they should have had a more diplomatic relationship with India beforehand and not threaten them so freely. I am not saying that India should be doing this, but pointing a finger of blame is just not good diplomacy.

19Nov16

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Countries that have relationships with Russia, of course, will be suppressed by US and Europe so that they do not work with Russia's expectations to immediately stop the war, but the gas supply from Russia is very important for India, especially to find a replacement supplier, of course it takes a long time, of course India will be difficult to obediently with the US because of the high dependence on Russia.

Inspiron14

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Quote from: jrrsparkles on March 22, 2022, 12:52:03 AM

Even if all the western countries stopped buying oil from Russia still China and India is enough for Russia to export all the goods, also US can't impose sanction on India because it is one of their biggest revenue making industry from Google, Facebook, Microsoft so I don't think there isn't going to be any sanction.

As long as in each of these countries there are still relationships or businesses, the US will not be able to arbitrarily impose sanctions.
the war between Russia and Ukraine really had an impact on many things,
it's really complicated and we don't know what's really going on so just follow the latest news

stompix

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Quote from: jrrsparkles on March 22, 2022, 12:52:03 AM

US can't impose sanction on India because it is one of their biggest revenue making industry from Google, Facebook, Microsoft so I don't think there isn't going to be any sanction.

Lol, you realize what you're saying? Biggest revenue market???

Quote from: JSRAW on March 20, 2022, 10:37:35 PM

As far as this oil debate goes. India only import 2% of oil from the Russia and even if India increase this share by 7-10% (Which is highly unlikely) I still don't see any sanction on India because last i check there is no ban on Russian oil, traders are not buying it but there is no ban whatsoever.

You stopped short of pointing out a really interesting thing. India imports 2% of its oil from Russia, and 8% from the US. nevertheless, one of the few posts that make sense well beyond the national pride that seems to be the only reasoning in others.

And for a lot of people on this topic, this news might come as shock:
Union Minister Hardeep Singh Puri has cleared the air over Russian oil imports. Speaking in Parliament, he said that the government has imported only 0.2% of their requirement from Russia.
and this one:
India's oil imports from US to rise by 11% amid criticism over Russia purchase

I'm definitely waiting for the comeback of all the ones that were so radical on this issue just a few days ago, popcorn time!!!

jrrsparkles

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Even if all the western countries stopped buying oil from Russia still China and India is enough for Russia to export all the goods, also US can't impose sanction on India because it is one of their biggest revenue making industry from Google, Facebook, Microsoft so I don't think there isn't going to be any sanction.

Silberman

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Quote from: cabron on March 17, 2022, 07:35:36 PM

What does this wrong side of history mean by the way?

The US will still need India even if India will keep buying gas and oil from Russia. They need India to deter China after Russia so whatever India will do will just have to be done and the US couldn't stop them because they know they are much needed as geographically, India is closer to China.

How is such a move going to put India on the wrong side of history? Buying gas from anyone regardless of who they are means democracy.
It's the same thing as the US allowing Iran to have a nuclear deal with Russia so that does also puts the US on the wrong side of history?

It does not really mean anything, the US wants a certain outcome to happen but they are not willing to offer anything to make it a reality so they are relying on their rhetoric to try to get India to their side, and it seems the government of India does not care and they are taking the pragmatic approach of buying Russian oil and gas for a discount, will future historians judge them for that? I doubt it, and even if they did the effect on the country will be minimal at best.

sana54210

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Quote from: JSRAW on March 20, 2022, 10:37:35 PM

GOI still trying to balance power equation for various reason. Make no mistake Delhi is very pissed at Moscow due to their recent adventure but they can't do much about it for various reasons, mainly due to dependence on weapons (Almost 65% weapons are of Russian origin), although they are diversifying for a quite some time but this is a long and tedious process due to Western block attitude barring France. There is a possibility that situation might change a bit in future (Read QUAD).

And then we already have hot borders with 2 nuclear adversaries. Pissing off 3rd nuclear power doesn't make sense, who happens to be your arm exporter, no matter how much virtual signalling coming from the West because everyone is clear that all they are gonna do is lip service if India is facing 2 front war.

If it was only about the weapons, they could have spent the same money to USA and get them very easily, hell give all of your Russian weapons to USA who will use it to either destroy them or research them very well, then we would not be able to even see them pay anything for the new weapons, the USA would give it to them for free.

However, it is about not pissing off your neighbors part. I mean think about it, we have seen Europe do literally nothing themselves, just put sanctions and that's it, in a war that is happening literally in Europe right now. Whereas India is far away from the west, if one day Russia gets mad and attacks India because of it, the West nations will not shed a single tear about it for sure.

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