India has signaled its intent to continue purchasing Russian oil despite threats from US President Donald Trump, who has warned of tariffs due to these transactions. Since Russia’s invasion of Ukraine, India’s oil imports from Russia surged to 1.12 million barrels per day, making it the largest supplier to India, which relies on imports for 87% of its oil needs.
Want More Context? 🔎
The real reason the West is warmongering against China | International Trade
Over the last 20 years, U.S. relations with China have shifted from cooperation to hostility, driven by concerns over China's rising wages and reduced economic vulnerability, which threaten Western profits reliant on cheap labor. In response, the U.S. has employed trade sanctions and military posturing, seeking to undermine China's economy while ignoring the country's improved position in the global capitalist system. Want More Context? 🔎
Read more