Putin, Modi Seal Trade Push and Worker Pact as Russia Vows Uninterrupted Oil to India

Overview

• Putin guaranteed uninterrupted supplies of oil, gas and coal to India despite Western sanctions, aiming to sustain energy flows to the fast‑growing economy.
• Both sides set a goal to raise bilateral trade to $100 billion by 2030 and signed accords on worker mobility, agriculture and pharmaceuticals, with Moscow seeking more Indian imports.
• U.S. measures—50% tariffs on Indian goods and sanctions on Rosneft and Lukoil—have reduced some Indian crude purchases, and a U.S. delegation will visit New Delhi next week to discuss the tariffs.
• Defense cooperation featured talks on S‑400 deliveries, possible Su‑57 co‑production and a reported $2 billion, 10‑year submarine lease, but no major new arms contracts were announced.
• Leaders highlighted civil nuclear cooperation, Arctic shipping and plans for a fertilizer plant in Russia, while Modi repeated India’s call for a peaceful resolution to the Ukraine war.