“There is a way to squeeze Russian oil income, hit its war machine, and aid the US economy. And it’s not complicated.” Maciej Bukowski, LL.M. discusses a proposal for the United States to help India reduce its reliance on Russian oil, which currently constitutes about 40% of India’s oil imports. By shifting even half of its Russian oil imports to US sources, India could significantly impact Russia’s economy, potentially depriving it of nearly $22 billion annually. The proposal emphasizes the geopolitical benefits of strengthening US-India relations while undermining Russia’s revenue from oil exports.
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“There is a way to squeeze Russian oil income, hit its war machine, and aid the US economy. And it’s not complicated.” Maciej Bukowski, LL.M. discusses a proposal for the United States to help India reduce its reliance on Russian oil, which currently constitutes about 40% of India’s oil imports. By shifting even half of its Russian oil imports to US sources, India could significantly impact Russia’s economy, potentially depriving it of nearly $22 billion annually. The proposal emphasizes the geopolitical benefits of strengthening US-India relations while undermining Russia’s revenue from oil exports.