India’s Energy Tug-of-War | Business and Finance News

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Recorded27 Aug 2026

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India’s energy market is turning into a high-stakes geopolitical chessboard as the U.S. and Russia compete for dominance. Since the Iran war erupted, Russia has surged to become India’s top crude supplier, while the U.S. is aggressively expanding its LNG and LPG exports to capture a bigger share. Washington is pushing New Delhi to replace Russian oil with Venezuelan crude — a move experts warn could be risky amid global supply crunches. The U.S. is leveraging trade deals and even past tariff threats — including a 25% levy that was later withdrawn after India pledged more purchases — to pressure India. Now, rumors of up to 100% tariffs on Russian energy buyers loom, but analysts doubt it’ll sway India anytime soon, given tight global supplies and India’s insistence that its energy choices are purely about national security, not political coercion. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f81deb474bffdbed

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