The US prioritises its bilateral relations with India

• The US prioritises its bilateral relationship with New Delhi and views India as a “very crucial” strategic ally in the strategically significant Indo-Pacific region, according to the White House, which also noted that each country must make its own choices about Russia. Because Russia began a “special military operation” in the neighbouring Ukraine, the US-led Western nations have imposed punishing sanctions on it.
• India is a “very important strategic partner in the Indo-Pacific region.”
• Industry data show that as refiners buy Russian crude available at a significant discount as a result of the conflict in Ukraine, Russia has surpassed Saudi Arabia to become India’s second-largest oil supplier after Iraq.
• About 25 million barrels of Russian oil, or more than 16 percent of their total oil imports, were purchased by Indian refiners in May.
• India reiterated earlier this month that its needs for energy security serve as the basis for its purchases of crude oil from Russia.

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Published date : 23 Jun 2022 05:45PM