India’s government is talking to the U.S. about new sanctions on Russia’s energy business. The U.S. put these sanctions in place on January 10th to cut Russia’s money from oil sales. They say Russia is using that money to fund the war in Ukraine.
These U.S. sanctions hit companies and people connected to Russia’s oil industry and how it moves oil. India is asking the U.S. how these actions might affect Indian businesses that deal with the Russian energy sector. This comes after other sanctions the U.S. put on Russia because of the Ukraine conflict.
India is worried about how these sanctions might impact its own economy. The Indian government is trying to figure out what these rules mean for Indian companies that work with Russia especially in energy. They are talking with the U.S. to get a clearer picture of everything.