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US Sanctions Russia’s Energy Giants to Nudge India and China Towards West’s Costlier Crude

© Sputnik / Evgeny Biyatov / Go to the mediabankA worker of RN-Purneftegaz, a daughter company of Rosneft, is seen here at the boosting compressor station of the Kharampur gas field, Yamal Nenets Autonomous Area
A worker of RN-Purneftegaz, a daughter company of Rosneft, is seen here at the boosting compressor station of the Kharampur gas field, Yamal Nenets Autonomous Area - Sputnik International, 1920, 23.10.2025
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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.

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.
Russian President Vladimir Putin, right, and Chinese President Xi Jinping shake hands during their meeting on the sidelines of BRICS Summit at Kazan Kremlin in Kazan, Russia, Tuesday, Oct. 22, 2024. - Sputnik International, 1920, 16.10.2025
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