Recent reports indicate that Russia is exploring the purchase of liquefied natural gas (LNG) from India, a development driven by complex financial and geopolitical factors. Following international sanctions, India emerged as a primary buyer of discounted Russian crude oil, settling transactions in Indian rupees. However, because the rupee is not fully convertible on global markets, Russia has accumulated a multi-billion-dollar surplus in Indian banks. Purchasing Indian gas and other commodities serves as a practical mechanism for Russia to utilize these otherwise stranded currency reserves.
- Western sanctions have forced Russia to redirect its energy exports, with India becoming one of its largest buyers of crude oil.
- Bilateral trade settled in Indian Rupees has led to Russia accumulating billions of rupees in Indian bank accounts.
- Due to currency convertibility restrictions, Russia cannot easily convert these rupees into rubles or other major global currencies.
- To utilize the stranded capital, Russia is reportedly seeking to buy Indian goods, including gas and industrial equipment, to help balance the trade ledger.
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the tiny dictator is getting desperate
Take out Putin end the war😂
Ha Ha Putin!
why is india still helping russia kill ukrainians???? does india hate europe?
where's the report of Kiev under intense bombings in retaliation or unless DW News trying to be DUMB WIT NEWS?🤔😏🤣🤣
In India due to forceful implementation of E-20 petrol rule lakhs of petrol engine vehicles like bikes,scooter,cars engine, other parts are being damaged,milage has been decreased
E 20 meaning is 80% petrol 20% ethanol (in India only 18-20% vehicles are E-20 ready, all other old vehicles are NOT E-20)😏😏
1:36 … The fly is killing me, reminds me of the vice-presidential debate in 2020
Why are Russians going to store these imported oil without being bombed?
That should blow up good. Where are the sanctions to stop India from selling gas and diesel to Russia?
The only solution is to import and return to normal, just as Ukraine did.
Just keep an eye on it after delivery and fire on it 😁
Maximilian, where do you find these weirdos.
Krusty the Clown hair
Lol, California imports fuel from India. I guess fuel will go up again in California.
Arms and personnel from North Korea and now importing fuel… Putin has put Russia on a fast track to be a province of China. The Last mad Tsar.
Dont worry it temporary Russia will soon get back on it feet .
Is there anything stopping Ukraine from attacking the gasoline shipment from India before its unloaded?
India 🇮🇳 Russia 🇷🇺 All weather friends ❤
Got news for you, this is not new and it isn't because of Ukraine ha,ha,ha.
Pouahahahahahahahaahahah. Sorry sorry. Pouahahahahahahahahahahhahah day 1584 of 3
Russia better get ready to to fall like the Soviet Union 🇺🇸🤔
From 3 days to Kyiv to 3 days just to get gas.
Ambani lottery
What's the percentage of Russian gasoline usage? 1.5%
Russia can't get enough gas to replace Ukrainian sanctions
Ukraine blow up the gas tankers from India to Russia.
India can add Ukraine to the growing list of countries closed to Indian students 😂
Sanction India! Add 20% tax to all money they send home, give it to Ukraine 🇺🇦!
So between what Europe has spend on Ukraine and losses due to war, inflation and not getting cheap russian energy, loss of industry is between 500 billion to 1 trillion Euro.
Now Russia has 20@ of russian speaking Ukraine and soon to be 30 %
Europe can keep wasting money, lose industry and have signifient damage due to supporting war while Ukraine and its people will get killed and country screwed
Keep up blah blah and one day sit again with Russia and discuss a way out
Russians better get used to it. As Ukranian manufacturing and designs improve, things are going to get worse over time, not better.
India profit before Ukraine and humanity.
India helps russian aggression in Ukraine to fuel, creating bad Karma for peaceful country.
Slava Ukraini
For people asking about sanctions to India, if Europe/US sanctions India, it will increase the oil prices globally, though India doesnt have its own crude sources , it has built a refining capability that can handle crudes from multiple different sources (not all crude is the same ) and not every one can process every type of crude but India can handle multiple forms of crude, world needs India and vice versa
Ha Ha a country that is basically a gas station, has no gas because there glorious leader got all his countries refinery's blown up.
рассказывает сказки
Interesting
Heads up Comrades: Ukraine is just getting started.
woohoo
Just wait until the food riots break out.
Cry-me-a River
Sanction india!
Kostiantynivka fallen down – news for all western guys out here.
The price of stubbornness…
Nothing. I make electric bikes. Not any problems.
❤️❤️❤️Russia
Ukraine should target these Indian tankers as this fuel is also going to the military.
Russia isn't advancing. On net Ukraine is regaining territory.