India’s Purchases of Russian Crude: What’s at Stake

Delhi’s gamble against US and EU disapproval

By: Rupakjyoti Borah

Since the start of hostilities between Russia and Ukraine in February 2022, the supply of energy resources has been disrupted across the world, particularly on the part of India, which imports 87 percent of its energy needs annually at a cost in 2021 of US$120 billion. It is the world’s third-biggest importer, with its needs certain …