Can India balance its ties between Russia and the US? | Business and Economy

India is hedging between energy security and strategic partnerships.

Despite pressure from the United States, it has continued to buy cheap Russian oil and has recently strengthened economic ties with Russia, from trade to weapons and critical minerals.

But this is a delicate balancing act for Prime Minister Narendra Modi: He wants to strike deals with Moscow while remaining friends with Washington, his biggest trading partner.

For President Vladimir Putin, this shows that Russia still has powerful partners and is not completely isolated despite Western sanctions.

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