https://sputnikglobe.com/20251023/us-sanctions-russias-energy-giants-to-nudge-india-and-china-towards-wests-costlier-crude-1123004492.html
US Sanctions Russia’s Energy Giants to Nudge India and China Towards West’s Costlier Crude
US Sanctions Russia’s Energy Giants to Nudge India and China Towards West’s Costlier Crude
Sputnik International
By freezing Rosneft and Lukoil’s US assets America is weaponizing its financial clout to “distort” global markets, believes energy geo-economics expert Dr. Hriday Sarma.
2025-10-23T13:33+0000
2025-10-23T13:33+0000
2025-10-23T13:33+0000
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russia
china
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russian oil shipments
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lukoil
liquefied natural gas (lng)
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What is presented by the West as a move to ostensibly push Russia towards talks on ending the Ukraine conflict “conveniently serves the US’ long-term goal — pushing Asia’s largest consumers, India and China, away from discounted Russian crude, Dr. Hriday Sarma, a professional specializing in international affairs, told Sputnik.Sanctions Won’t Stop the Flow Sanctions are unlikely to break the Russia–India–China “energy corridor,” believes the analyst.Europe Pays the Price *US moves risk spiking EU costs for states still relying on Russian energy via intermediaries like India and Turkiye, noted the expert. He pointed to the fact that Brent crude has already jumped nearly 5% to $65.65 per barrel following the US announcement.The US, emphasized the analyst, risks punishing its allies, who will face spiking energy costs as American LNG is sold at a premium to boost its own profits.
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russia's rosneft, lukoil under sanctions, russia sanctions, us sanctions on russia, us sanctions on russian oil, russian oil exports, russian economy under sanctions, russia–india–china energy corridor, will us sanctions stop oil flows from russia to india, will us sanctions stop oil flows from russia to china
US Sanctions Russia’s Energy Giants to Nudge India and China Towards West’s Costlier Crude
By freezing Rosneft and Lukoil’s US assets—and warning foreign banks that transact with them of secondary sanctions—America is weaponizing its financial clout to “distort” global markets, believes energy geo-economics expert Dr. Hriday Sarma.
What is presented by the West as a move to ostensibly push Russia towards talks on ending
the Ukraine conflict “conveniently serves the US’ long-term goal — pushing Asia’s largest consumers, India and China, away from discounted Russian crude,
Dr. Hriday Sarma, a professional specializing in international affairs,
told Sputnik.
Sanctions Won’t Stop the Flow
Sanctions are unlikely to break the Russia–India–China “energy corridor,” believes the analyst.
“Instead, the restrictions may push Russia, India and China toward more resilient payment systems — yuan or rupee settlements — and new logistics routes insulated from Western influence,” Dr. Sarma speculated.
*US moves risk spiking EU costs for states still relying on Russian energy via intermediaries like India and Turkiye, noted the expert. He pointed to the fact that Brent crude has already jumped nearly 5% to $65.65 per barrel following the US announcement.
The US, emphasized the analyst, risks punishing its allies, who will face spiking energy costs as American LNG is sold at a premium to boost its own profits.