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Geopolitical Friction: Analyzing the Impact of US Sanctions on India’s Energy Autonomy

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External Affairs Minister S. Jaishankar has formally raised concerns with the US regarding the 'Sanctioning Russia and Iran Act' (SRIA), which threatens India's energy security through potential 100% tariffs on Russian oil imports.

The recent enactment of the 'Sanctioning Russia and Iran Act' (SRIA) by the United States has introduced a significant point of contention in the India-US bilateral relationship. By mandating potential 100% tariffs on nations that continue to procure energy resources from Russia, the legislation directly challenges India’s strategic autonomy and its long-standing policy of prioritizing national energy security in its foreign engagements. For India, the import of Russian oil is not merely a commercial transaction but a critical component of its macroeconomic stability. Given India’s high import dependency for crude oil, access to affordable energy is essential to sustain its growth trajectory and manage inflationary pressures. The SRIA, if enforced strictly, would force India into a difficult diplomatic dilemma: either comply with US-led sanctions at the cost of domestic economic interests or risk trade penalties that could disrupt the burgeoning strategic partnership between New Delhi and Washington.

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