Assessing the Effectiveness of Sanctions on Russia and Global Ties
The US has imposed secondary tariffs on India for buying Russian oil, testing India’s longstanding ties with Russia. India’s relationship with Russia is deep-rooted, especially in defense and energy, but India is also strengthening ties with the US. India relies heavily on Russian oil and weapons, but is diversifying its defense sources. The tariffs and energy costs pose economic challenges, but India’s large domestic demand may cushion the impact. India faces a geopolitical balancing act between maintaining its relationship with Russia and managing US trade pressures.