Reid
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March 22, 2022, 11:00:04 AM |
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Does it matter? Many European countries are still buying from Russia. So what's the problem with India? It's hilarious to see when US speaks such non sense because they are the only country who are responsible for the most number of wars in the history of humankind.
My same thought. Big brother is going to get mad with little brother because he was supposed to be also angry with the enemy of his big brother even though it had nothing to do with him. That's insanely dictatorship in a democratic country. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) And they say they were the land of the free, eh? I bet a lot of the supreme whites are now cursing the call center agents when they hear their a bit of that accent. Well, if US are their biggest consumer of oil then it should not matter. They are hurting them on their own and they are the ones who called the sanction not India.
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ultrloa
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March 22, 2022, 12:06:09 PM |
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Does it matter? Many European countries are still buying from Russia. So what's the problem with India? It's hilarious to see when US speaks such non sense because they are the only country who are responsible for the most number of wars in the history of humankind.
My same thought. Big brother is going to get mad with little brother because he was supposed to be also angry with the enemy of his big brother even though it had nothing to do with him. That's insanely dictatorship in a democratic country. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) And they say they were the land of the free, eh? I bet a lot of the supreme whites are now cursing the call center agents when they hear their a bit of that accent. Well, if US are their biggest consumer of oil then it should not matter. They are hurting them on their own and they are the ones who called the sanction not India. They use thay word so that they can get sympathy from other parts of the world and they want to make their image good like they are a friendly country to all but we know what there agenda and that is to control the other country to gain a benefits with them. Maybe other country should stop patronizing uncle sam and decide what best for them since this will be more better to their country to avoid getting hit by possible crisis that might happen to their country.
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Lizzylove1
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March 22, 2022, 02:54:03 PM |
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Report says UK and Germany are still buying oil from Russia, because it's not something they can just cut off immediately due to the ripple effect on economic. India actually have rght to decide their destiny. The war should stop and nations should unit to build Ukraine.
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AicecreaME
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March 22, 2022, 03:03:39 PM |
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A complete oil embargo cannot be imposed unless all countries comply with that embargo. During the sanctions imposed on the Iranian regime, that country sold oil to some countries, and Russia's capabilities are much greater than Iran's.
It's gaining opportunities, Russia can sell oil at less than the world price and still be profitable, and the same for India, Russia is closer to them than Saudi Arabia and they can get them at a discount.
The problem lies in dealing in dollars, and this can be bypassed by using the barter system or by keeping mutual reserves between the two countries without the need to impose financial penalties on them because they did not use the dollar in those operations.
Well-constructed. If not every country would follow the restrictions set regarding the permission about buying and selling to Russia, the imposed embargo would just be futile. Maybe it isn't just on news, but perhaps there are still some countries bypassing the memo brought down regarding it. I'm guessing they are doing it secretly because after all, they know the repercussions that come with it if the world will know about the transactions. It's frustrating to know that there are countries like these, but I can't totally blame them if they see an opportunity to buy some in much cheaper price compared to the other countries selling right now such as oil. I just hope it won't be as massive because what would be the sanctions for, right?
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JSRAW
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March 22, 2022, 04:22:58 PM Last edit: March 22, 2022, 04:54:40 PM by JSRAW |
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GOI still trying to balance power equation for various reason. Make no mistake Delhi is very pissed at Moscow due to their recent adventure but they can't do much about it for various reasons, mainly due to dependence on weapons (Almost 65% weapons are of Russian origin), although they are diversifying for a quite some time but this is a long and tedious process due to Western block attitude barring France. There is a possibility that situation might change a bit in future (Read QUAD).
And then we already have hot borders with 2 nuclear adversaries. Pissing off 3rd nuclear power doesn't make sense, who happens to be your arm exporter, no matter how much virtual signalling coming from the West because everyone is clear that all they are gonna do is lip service if India is facing 2 front war.
If it was only about the weapons, they could have spent the same money to USA and get them very easily, Well, In the past India reached out to USA many times but they denied any assistance every single time. Not to mention USA provided tons of weapons to Pakistan which were used against India. Just to give you one small example, during 1999 Kargil war USA even refused to share GPS data to the Indians because they were in bed with the Pakistan. And recently Indians also saw how USA-UK easily agreed to share Subs with the Australia, although Indians don't mind that because IND-AUS are buddies but compare this AUKUS deal with India's request in the past. At that time USA literally laughed at Indians and it came out as " You're not white enough". And guess which country agreed to help India? It was Russia. hell give all of your Russian weapons to USA who will use it to either destroy them or research them very well, then we would not be able to even see them pay anything for the new weapons, the USA would give it to them for free. Don't know what to make out of this statement. With all due respect this isn't high school drama and it doesn't work like that. However, it is about not pissing off your neighbors part. I mean think about it, we have seen Europe do literally nothing themselves, just put sanctions and that's it, in a war that is happening literally in Europe right now. Whereas India is far away from the west, if one day Russia gets mad and attacks India because of it, the West nations will not shed a single tear about it for sure. Ha! I understand you're are talking about hypothetical scenario but there should be some sort of logical reason or may be historical context. In hypothetical situation only possible scenario would be world war 3 but if it happens then i believe Russia attacking India would be least of our problem. China and Pakistan are main concern for us. Otherwise It's actually quite opposite if we look back. Some of the posters already mentioned it couple of time so reposting their posts. Indians didn't forget 1971 war when Bangladesh was liberated from the hold of Pakistan by Indian forces. The entire world was against India except Russia. Russian submarines were present at the warfield by the request of Indian Prime minister Indira Gandhi. Take a little history lesson and you will understand why India refrained from voting against Russia in UN. there is a history between India and Russia during a war when US was supporting Pakistan and Russia literally saved India by blocking US in getting involved during the 1971 war. India cannot survive fighting China and Russia, so everything is political and strategical.
For Non-Indians this might be a shocking news but i like to believe majority of Indian posters are already aware of this, after all we're big importer of oil and its major issue for almost everyone. One of the major reason Indians are calling out hypocrisy of the western commentators, media outlets or in some cases Parliamentarians.
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macson
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March 22, 2022, 09:27:24 PM |
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The bad thing about the US government is that they really want to control other countries and if it is related to the opposing country then warnings and even severe sanctions will be given to the country they feel is under their control, now they are trying it on india. Russia-Ukraine war should not affect global trade, because many other countries need each other, especially oil.
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Sithara007
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March 23, 2022, 02:20:49 AM |
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Some of the Indian importers, such as Reliance have announced that they won't be buying crude from Russia. These companies have significant exposure in the United States and if they import Russian commodities, then they may come under counter-sanctions. However the government-owned refineries and importers are continuing to import produce from Russia, although in smaller quantities. So it looks as if the US sanctions do have some impact, even in India. And right now Brent crude is trading at $116 per barrel. If the prices remain at this level, a lot of oil consuming nations will go bankrupt.
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Semar Mesem
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March 23, 2022, 10:38:52 AM |
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India has a great bond and dependence on Russian gas, this is because India is difficult to buy gas directly from the Arab countries for many reasons, in addition India also has a problem with China so that India's biggest expectations are Russia, if the USA prohibits relating to Russia, of course raises more complicated problems.
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Vaskiy
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March 24, 2022, 04:18:54 AM |
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The latest warning given by USA on weapon trade. India is the largest importing country from Russia. During the year 2017-2021 it was found to be 46% whereas with other countries it constitutes about 27.3% and with USA it is just 12.1%. During the year 2021 India tops the import list on weapons, and it is about 17.2%. Now USA have imposed heavy sanctions over Russia. By the time countries that import weapons will also be imposed with specific sanctions.
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mindrust
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March 24, 2022, 04:37:44 AM |
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White House Press Secretary Jane Sackie said, "We believe that India will not violate US sanctions by buying oil from Russia through discounts." However, he warned India that such a move would lead the world's largest democracy to the wrong side of history. India's largest refiner, Indian Oil Corporation, bought 3 million barrels of crude oil from Russia, Reuters reported on Monday. This is the first such transaction since Russia launched an operation in Ukraine on February 24. Indian officials also told Reuters that Delhi could accept Russian offers for oil and other products at a special discount. Link: https://www.independent.co.uk/news/world/americas/us-politics/russia-india-oil-deal-us-psaki-b2036822.htmlWhy would India give a fuck about US sanctions? The US should stop believing that everybody should take orders from them. If India sees a good deal, they will take it just like China does. Why don't they warn China anyhow? Is it because China is not the weakling which US can bully freely? While the oil prices are going $120+ in the western sphere of the world, India/China and others enjoy them cheap Russian oil thanks to the US.
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Joshapat
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March 25, 2022, 10:55:14 AM |
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Trading sanction with Russia is increasingly massively enacted USA and Europe, of course the main purpose of suppressing so that Russia is getting weaker, India is a big country that has a great collaboration and dependence with Russia, especially relations with neighbors such as Pakistan and China increasingly difficult to make India need Russia Securing a position in the area, of course the prohibition of cooperation with Russia will have a serious impact in the future.
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Pomogator
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March 26, 2022, 08:48:00 AM |
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The bad thing about the US government is that they really want to control other countries and if it is related to the opposing country then warnings and even severe sanctions will be given to the country they feel is under their control, now they are trying it on india. Russia-Ukraine war should not affect global trade, because many other countries need each other, especially oil.
I do not understand the actions of the United States from the logical side. They want to completely abandon all energy raw materials and force the rest of the world to do it. This is a very strong blow to the economies of these countries, for many it is a death sentence. I don’t understand why Biden dictates such conditions to the whole of Europe?
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xSkylarx
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March 26, 2022, 11:13:58 AM |
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The bad thing about the US government is that they really want to control other countries and if it is related to the opposing country then warnings and even severe sanctions will be given to the country they feel is under their control, now they are trying it on india. Russia-Ukraine war should not affect global trade, because many other countries need each other, especially oil.
I do not understand the actions of the United States from the logical side. They want to completely abandon all energy raw materials and force the rest of the world to do it. This is a very strong blow to the economies of these countries, for many it is a death sentence. I don’t understand why Biden dictates such conditions to the whole of Europe? I think its because Biden wants the whole Europe to suffer but in the end we are all affected to it , imagine the prices now are really high and those who are earning minimum having difficulty of buying their own food. On the other hand the india would really buy if it has discounts as you can see the price of oil is not that affordable now so even my self i would really buy it
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marine4u
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March 26, 2022, 12:19:32 PM |
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Geopolitics is creating consequences in its corridors, America's nature is to create dependence on the US dollar and reverse other risks. They are trying to open the door of doubt for India if they want to buy discount Russian oil. This makes it difficult for consumers in the face of an unstable economic situation and rising inflation. From a consumer perspective, I would definitely want to buy cheaper to save costs and that I think the Indian government is right in wanting the best for their citizens compared to the price of liquefied oil of America. In addition, India is the second most populous country in the world, surely having cheaper oil will save huge economic resources for them.
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Pejoh Asu
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March 27, 2022, 12:03:49 PM |
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The bad thing about the US government is that they really want to control other countries and if it is related to the opposing country then warnings and even severe sanctions will be given to the country they feel is under their control, now they are trying it on india. Russia-Ukraine war should not affect global trade, because many other countries need each other, especially oil.
I do not understand the actions of the United States from the logical side. They want to completely abandon all energy raw materials and force the rest of the world to do it. This is a very strong blow to the economies of these countries, for many it is a death sentence. I don’t understand why Biden dictates such conditions to the whole of Europe? I think its because Biden wants the whole Europe to suffer but in the end we are all affected to it , imagine the prices now are really high and those who are earning minimum having difficulty of buying their own food. On the other hand the india would really buy if it has discounts as you can see the price of oil is not that affordable now so even my self i would really buy it Of course, India knows which priority must be prioritized, as we know that India is very dependent on oil and gas supplies from Russia so that if they stop their oil business with Russia, it will certainly cause more complicated problems and of course the USA warning will be ignored by India.
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cheezcarls
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March 27, 2022, 12:21:38 PM |
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I can say that there is no problem for India in buying Russian oil as it doesn’t violate the Western sanctions. However, providing or assisting Russia with weapons is going to be an entirely different story. If you look at China, Russia is “asking” them for assistance in military equipment, etc., in which raised the concerns of US president Joe Biden and may impose sanctions if China does help Russia in military stuff.
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iv4n
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March 27, 2022, 12:31:57 PM |
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I can say that there is no problem for India in buying Russian oil as it doesn’t violate the Western sanctions. However, providing or assisting Russia with weapons is going to be an entirely different story. If you look at China, Russia is “asking” them for assistance in military equipment, etc., in which raised the concerns of US president Joe Biden and may impose sanctions if China does help Russia in military stuff.
India and China are not the only countries that are against imposing sanctions on Russia! Hungary and Turkey also continue to import oil and gas from Russia, the presidents of both countries said they do not want their nations (millions of people) to freeze next winter, they do not want all these people and their families to lose their jobs and bread! In addition, Turkey has allowed Russian oligarchs to park their yachts and planes in their country and that they can be there and do their jobs as long as they respect the laws of Turkey! As some analysts say, new world order is being created, and now all countries are taking their own position! When it's all over, it will be important who supported what and who was against whom!
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savetheFORUM
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March 27, 2022, 03:56:02 PM |
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I think its because Biden wants the whole Europe to suffer but in the end we are all affected to it , imagine the prices now are really high and those who are earning minimum having difficulty of buying their own food. On the other hand the india would really buy if it has discounts as you can see the price of oil is not that affordable now so even my self i would really buy it
They think putting discounts will make other countries do a risky move and buy it but I don't think India will do it because the USA already warned them and if they will still do it, bad things can only happen to them. We should not put the blame to USA but USA only did it for a reason and it can be part of the sanction given by Russia. They are not controlling other countries or what, but we only think they are. I think the problem is with us, we immediately judge them without knowing what really happens. There are still other sources for oil, not only Russia or India but the only problem is that its too limited, that drives the price of the oil to sky rocket more evenly.
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DanWalker
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March 27, 2022, 04:02:39 PM |
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The bad thing about the US government is that they really want to control other countries and if it is related to the opposing country then warnings and even severe sanctions will be given to the country they feel is under their control, now they are trying it on india. Russia-Ukraine war should not affect global trade, because many other countries need each other, especially oil.
I do not understand the actions of the United States from the logical side. They want to completely abandon all energy raw materials and force the rest of the world to do it. This is a very strong blow to the economies of these countries, for many it is a death sentence. I don’t understand why Biden dictates such conditions to the whole of Europe? Because US won't care about those countries, what they most want now is to find a way to drown Russia forever. Russia and China are two great powers threatening their global dominance and they know well that this is an opportunity that won't come twice. So they have to use all tricks and brute force to force others to do what they say.
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darkangel11
Legendary
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Activity: 2450
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Don't let others control your BTC -> self custody
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March 27, 2022, 06:06:50 PM |
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I can say that there is no problem for India in buying Russian oil as it doesn’t violate the Western sanctions. However, providing or assisting Russia with weapons is going to be an entirely different story. If you look at China, Russia is “asking” them for assistance in military equipment, etc., in which raised the concerns of US president Joe Biden and may impose sanctions if China does help Russia in military stuff.
India and China are not the only countries that are against imposing sanctions on Russia! Hungary and Turkey also continue to import oil and gas from Russia, the presidents of both countries said they do not want their nations (millions of people) to freeze next winter, they do not want all these people and their families to lose their jobs and bread! In addition, Turkey has allowed Russian oligarchs to park their yachts and planes in their country and that they can be there and do their jobs as long as they respect the laws of Turkey! As some analysts say, new world order is being created, and now all countries are taking their own position! When it's all over, it will be important who supported what and who was against whom! Turkey and Hungary are playing both sides. Hungary takes money from the EU but doesn't want to impose the same sanctions as the EU, so it's supportive as long as it can leech some profit. Turkish drones are one of the biggest threats to Russian vehicles in Ukraine and Turkey did not allow Russian military ships to enter The Black Sea so it doesn't seem to support Russia in the war but also wants to keep trading with them. If the whole world would cut ties with Russia they would have to give up and move out of Ukraine but since there's so many selfish countries who want to play both teams we are where we are.
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