India’s pragmatic balancing: Navigating US sanctions on Rosneft and Lukoil

US and EU sanctions on Rosneft and Lukoil increase risks for India, prompting a shift to Middle Eastern and Atlantic Basin crude supplies. India's refiners are expected to reduce Russian oil imports significantly, citing compliance with sanctions and financial constraints. India aims to balance energy security, US trade diplomacy, and strategic ties with Russia amidst tightening sanctions.