The US embassy and the EU’s delegation in New Delhi didn’t instantly reply to a request for remark.
Each the US and EU have sharply scaled again their commerce ties with Russia because it launched a full-scale invasion of Ukraine in February 2022.
In 2021, Russia was the EU’s fifth-largest buying and selling accomplice, with items exchanged value €258 billion, in response to the EU government European Fee.
SUDDEN RIFT
The sudden rift between India and the US has been deepening since Jul 31, when Trump introduced a 25 per cent tariff on Indian items being shipped to the US and for the primary time threatened unspecified penalties for purchasing Russian oil.
India is among the greatest patrons of crude from Russia, importing about 1.75 million barrels per day from January to June this 12 months, up 1 per cent from a 12 months in the past.
Indian refiner Nayara Power, a significant purchaser of Russian oil, which is majority owned by Russian entities together with oil main Rosneft, was subjected to EU sanctions focusing on Russia’s oil and power trade in July.
India has stated it doesn’t help “unilateral sanctions” by the EU.
