Putin Pledges Uninterrupted Oil to India, Deepens Economic Partnership

• Russian President Putin pledged continued, uninterrupted oil shipments to India.
• India and Russia signed agreements across various sectors, including fertilizers, food safety, and shipping.
• Both nations aim to increase bilateral trade to $100 billion by 2030, up from $65.70 billion in 2023-24.
• India became a major buyer of Russian offshore oil post-Ukraine war, though recent US sanctions caused a temporary reduction in imports.
• Russia expressed readiness to support India's upcoming BRICS chairmanship and emphasized a multipolar world order.

Why It Matters: Putin's oil offer strengthens India's energy security and deepens Russia-India ties.