US President Donald Trump has given a big statement regarding his next meeting with Chinese President Xi Jinping. He talked in detail about India’s role and said that India is now moving towards reducing oil purchases from Russia. Referring to his conversation with Prime Minister Narendra Modi, Trump said that by the end of the year, India will buy about 40 percent less oil from Russia. He also praised this decision of India.
This statement of Trump is directly related to the politics of global oil market and Russia-Ukraine war. He said that Russia and China The friendship that seems strong at the moment is not real. This friendship was formed because the policies of former US President Obama and former President Joe Biden brought the two countries closer to each other.
Trump admitted that Russia And China’s relationship is one of compulsion, but still they hope that there will be peace and positive cooperation between the two countries.
America’s real fear is that if the relationship between Russia and China becomes stronger, it can change the strategic balance in the world. Trump Xi Jinping Want to talk about this topic directly in our meeting and want to find solutions related to oil and energy to end the war. He believes that Xi can talk openly on this.
meeting jinping
us President donald trump Told that next week he is going on a trip to three countries. Malaysia, South Korea and Japan. He said that during his visit to South Korea, he is scheduled to meet Chinese President Xi Jinping, which will be quite long.
Trump said, ‘We will discuss many issues – our questions, doubts and shared economic resources. We want to work together on all this.
He further informed that the meeting with Russian President Vladimir Putin has been cancelled. Explaining the reason behind this, he said, ‘I felt that that meeting would not be right at this time. It felt like we couldn’t reach the destination we needed to reach, so I canceled the meeting.
India’s situation – decisions in your own interest
If we look at India, it has made a big change in the last few years in terms of purchasing oil from Russia. In 2019-20, Russia’s share in India’s total oil imports was only 1.7 percent. But after the war started and Western countries imposed sanctions on Russia, Russia started selling cheap oil. India took advantage of this and in 2023-24 the share of oil from Russia increased to about 40 percent.
Now Russia has become India’s largest oil supplier. That means, about one-third of India’s total oil imports come from Russia.
India benefited economically from this, but western countries did not like this attitude. America wants India to gradually reduce oil purchases from Russia so that the war can be weakened. It is clearly visible from Trump’s statement that America is now paying more attention to India than expected.
Also read: ‘America should correct its mistake…’, China’s message to Donald Trump on trade war
Donald Trump again claims to stop India-Pakistan war
US President Donald Trump said that today America’s economic condition is better than ever before, and the main reason for this is tariffs i.e. taxes imposed on imported goods. According to him, ‘For the last several decades, other countries kept imposing tariffs on us, due to which we suffered huge losses and the country incurred a debt of 37 trillion dollars. But now we have changed the situation.
Trump said, ‘We are making more money now than ever before. If there were no tariffs this would not have been possible. He told that the tariff policy has played an important role not only in the economy but also in ending many wars.
He said, ‘I have ended eight wars, five or six of which ended only because of tariffs.’ As an example of this he mentioned India and Pakistan. He told that ‘I said – if both of you want to fight then fight, but in return you will have to pay heavy tariff. Both of them refused at first, but after two days they called and said that they would not fight anymore. This is how peace was created.
India’s “own policy”
At present, India is not completely stopping buying oil from Russia, but is gradually reducing it. There was a slight decline in oil imports from Russia from July to September, but in October, private companies like Reliance Industries and Nayara Energy have again increased purchases. At the same time, government refiner companies reduced purchases slightly. This means that India is acting cautiously. It is also taking cheap oil and handling global pressure.
For India, oil is not just energy but also a major pillar of the economy. Therefore he is in no mood to compromise with his interests. India’s policy is clear that first the country’s energy security and economic stability, later international politics.
changing global balance
Trump’s emphasis on oil and energy in his talks with China is an indication that energy resources are the strongest weapon in today’s world. The country which controls them becomes economically and militarily powerful.
Trump’s stance also shows that the political equations between America, Russia, China and India may take new turns in the coming months. India is currently in a balanced situation. It is buying cheap oil from Russia, but at the same time it is also maintaining relations with America and western countries.
—- End —-
