Washington has ramped up economic pressure on major Asian economies following the congressional approval of a high-stakes sanctions bill that empowers the executive branch to apply punitive tariffs of up to 100 percent on the primary importers of Russian crude oil and natural gas, drawing immediate global attention after senior lawmakers explicitly urged India and China to alter their energy acquisition strategies, while Indian authorities have consistently defended their pragmatic approach to global energy markets, emphasizing that maintaining a steady and diversified flow of resources is vital for sustaining the country’s massive economic framework and protecting consumer interests against external market volatility.
