News Brief
Arzoo Yadav
Oct 03, 2025, 10:45 AM | Updated 10:45 AM IST
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Russian President Vladimir Putin on Thursday (2 October) cautioned the United States against forcing India to halt Russian oil imports, asserting that New Delhi would never accept humiliation, reported The Times Of India.
Speaking at the Valdai Discussion Group in Sochi, he said, “Will India give up our energy resources? If so, it will incur certain losses. Estimates vary; some say it could be around $9-10 billion. But if it doesn't refuse, sanctions will be imposed, and the loss will be the same. So why refuse if it also carries domestic political costs? [Indian people] will never allow themselves to be humiliated by anyone. I know Prime Minister [Narendra] Modi, he will also not make any such decisions.”
Putin argued that any losses from punitive US tariffs would be offset by Russian crude supplies, while India would gain prestige as a sovereign nation.
He praised PM Modi as a “balanced, wise” and “nationally oriented” leader, emphasising that “Prime Minister Modi is a very wise leader who thinks first about his country.”
Highlighting long-standing ties, Putin recalled the “privileged strategic partnership” Russia and India announced 15 years ago, calling it the best description of their relationship.
He also warned that restricting Russian energy would damage the global economy and push oil prices above $100 per barrel.
He suggested BRICS or other channels could resolve trade and payment issues with New Delhi.
On the Ukraine conflict, Putin declared, “All NATO countries are fighting us, and they're no longer hiding it.”
He accused Europe of prolonging the war and thanked BRICS, Arab nations, North Korea, and Belarus for their support.
Putin further commented on Donald Trump’s Gaza plan, Western supply of Tomahawk missiles to Ukraine, and volatility in global energy markets, framing them as part of a wider geopolitical struggle.
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