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U.S. Warns India, Others Against Sharp Rise in Russian Oil Imports -Official
Reuters ^ | 3/30/22 | Nidhi Verma

Posted on 03/31/2022 10:56:16 AM PDT by marshmallow

NEW DELHI (Reuters) -A significant increase in Russian oil imports by India could expose New Delhi to a "great risk" as the United States prepares to step up enforcement of sanctions against Moscow for its invasion of Ukraine, a senior U.S. administration official said.

While the current U.S. sanctions against Russia do not prevent other countries from buying Russian oil, the warning raises expectations that Washington will attempt to restrict other countries' purchases to normal levels.

The U.S. official's comment comes ahead of Russian Foreign Minister Sergei Lavrov's two-day visit to New Delhi and during the ongoing visit of U.S. deputy national security adviser for economics Daleep Singh.

Refiners in India, the world's third biggest oil importer and consumer, have been snapping up Russian oil through spot tenders since the war broke out on Feb. 24, taking advantage of deep discounts as other buyers back away. India has purchased at least 13 million barrels of Russian oil since Feb. 24, compared with nearly 16 million barrels in all of 2021.

"U.S. has no objection to India buying Russian oil provided it buys it at discount, without significantly increasing from previous years," said the source who spoke on condition of anonymity. "Some increase is allowed," said the source, who did not offer more detail.

(Excerpt) Read more at money.usnews.com ...


TOPICS: News/Current Events
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1 posted on 03/31/2022 10:56:16 AM PDT by marshmallow
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To: marshmallow
Let's never lose sight of what this is all about....

2 posted on 03/31/2022 10:58:38 AM PDT by BenLurkin ((The above is not a statement of fact. It is either opinion, or satire. Or both.))
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To: marshmallow

To which India and others say, BITE ME!, as they continue what is best for the interests of their people.


3 posted on 03/31/2022 11:01:16 AM PDT by Sequoyah101 (Politicians are only marginally good at one thing, being politicians. Otherwise they are fools.)
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To: All

America can mind its own business


4 posted on 03/31/2022 11:02:33 AM PDT by escapefromboston (Free Chauvin)
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To: Sequoyah101
#3: "To which India and others say, BITE ME!, as they continue what is best for the interests of their people."

This.

5 posted on 03/31/2022 11:05:33 AM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: BenLurkin

What is “great risk?”


6 posted on 03/31/2022 11:05:43 AM PDT by Bogie
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To: marshmallow

Managing our lives is not enough. They are now telling countries what they can do for their entire population.

How to make friends and influence people.


7 posted on 03/31/2022 11:05:45 AM PDT by old curmudgeon (There is no situation so bad that the federal government can not make worse.)
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To: marshmallow

China and India are going to tell us to get lost. In fact it may cause an alliancee of convince to form between China and India to oppose the West. So now the entire Asian continent is against us and Europe.


8 posted on 03/31/2022 11:08:52 AM PDT by Thunder90 (All posts soley represent my own opinion.)
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To: old curmudgeon

It’s time for everyone to stop the cooperation.


9 posted on 03/31/2022 11:09:03 AM PDT by Bogie
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To: old curmudgeon
#7: "How to make friends and influence people."

India stood up against the might of the whole British Empire and won their independence (sound familiar?).

Does anyone think these people are going to be cowered by a demented evil drooling old fool who doesn't know what day of the week it is?

10 posted on 03/31/2022 11:10:52 AM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: marshmallow

If the US were serious about influencing India we’d threaten to send all of their H1B’s back home.


11 posted on 03/31/2022 11:14:31 AM PDT by skeeter
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To: marshmallow

I think the Biden admin push against countries like India will backfire. Instead of harming India’s relations with Russia - it buys 60% of its military hardware from Russia, it will only move them closer. While Russia is finding some alliance of convenience (for the moment) whith China, as a balance against the U.S., India will see greater cooperation with Russia as a balance against China’s pushes against India.

The real world is becoming more realpolitic and any “new world order” is a work in progress not any fixed done deal.


12 posted on 03/31/2022 11:18:05 AM PDT by Wuli
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To: marshmallow

So now the corrupt, evil Clinton/Obama/Biden puppet regime are threatening India, which will just push them closer to Russia.

Indian PM Modi (one of the good guys) is a big MAGA supporter of Trump. We should encourage greater (not less) ties with India.


13 posted on 03/31/2022 11:21:45 AM PDT by Flavious_Maximus (Fauci is a murderer)
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To: BenLurkin

No that is not what this is “all” about.

The long brewing clash between an indepdent Ukraine, exercising its independence from Moscow began not in 2014 - when Putin took the first piece of Ukraine territory; it began with the dissolution of the Soviet Union, and Putin has seen that dissolution as a “Russian” calamity ever sense, and he began arming Russia for todays war 20 years ago.

Corruption is a bgean deal but it is not the cause of Putin’s war on Ukraine.


14 posted on 03/31/2022 11:23:31 AM PDT by Wuli
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To: Thunder90

“So now the entire Asian continent is against us and Europe.”

You seriously think ALL THE REST OF ASIA stands with China??? You don’t know Asia very well.


15 posted on 03/31/2022 11:27:43 AM PDT by Wuli
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To: Governor Dinwiddie

Whoever made the suggestion to India will be forever by India branded as a fool.

This administration is destroying our relations with the rest of the world.


16 posted on 03/31/2022 11:44:23 AM PDT by old curmudgeon (There is no situation so bad that the federal government can not make worse.)
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To: old curmudgeon

Arrogant lecturing and name calling and finger pointing does not make or keep friends....

Some lessons can only be learned the hard way.


17 posted on 03/31/2022 11:47:42 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: Wuli

Alliance of convince.


18 posted on 03/31/2022 11:49:01 AM PDT by Thunder90 (All posts soley represent my own opinion.)
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To: Wuli
“So now the entire Asian continent is against us and Europe.” You seriously think ALL THE REST OF ASIA stands with China??? You don’t know Asia very well.

I don't think the issue is "standing with China". Of the Asian countries, only Japan, Taiwan, and South Korea seem to be in a position where they have to kiss Uncle Sam's butt when he tells the world to stand with the US against Russia.

19 posted on 03/31/2022 11:49:39 AM PDT by Wissa (The winds and waves are always on the side of the ablest navigators.)
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To: Sequoyah101

something the jo Brandon is completely unfamiliar with...


20 posted on 03/31/2022 11:55:20 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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