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Moscow: Russian President Vladimir Putin has strongly backed India’s decision to continue its oil trade with Moscow, while praising Prime Minister Narendra Modi and taking aim at the US for attempting to pressure New Delhi into halting its energy imports from Russia. Speaking at the Valdai Discussion Club in Sochi, Putin praised Prime Minister Narendra Modi as a “balanced and wise leader” and emphasised the unique bond between the two countries.
Putin dismissed any political motivation behind India’s purchase of Russian crude oil, asserting that it is driven purely by economics. “There is no political aspect here… If India refuses our energy supplies, it will suffer certain losses. Estimates vary; some say it could be