The Changing US-India Oil Relationship: A Look at Shifting Policies

Tensions have risen between the United States and India over India’s ongoing purchase of Russian oil. The US has imposed tariffs, warning of further penalties if these purchases persist. India has responded by defending its sovereign right to pursue its own interests and maintaining its relationship with Russia. A past statement from former US Ambassador Eric Garcetti is gaining attention, which reveals a stark contrast to current US policy. Garcetti stated that the US had encouraged India to buy Russian oil to help stabilize global oil prices. During the 2024 conference, he clarified that this was part of a broader strategy to manage commodity prices. The current situation has prompted questions about the shift in US strategy, especially in light of the Ukraine conflict. India has firmly pushed back against the US pressure and threats.