... India's key priority is ensuring affordable energy costs for the population and its economy. Purchasing Russian oil helps to curb rising fuel prices in the domestic market. The West Itself Traded with Russia: New Delhi reminds that EU countries still import gas, petrochemical products, fertilizers, and other resources from Russia, while the U.S. purchases specific categories of Russian goods (e.g., nuclear materials). This undermines the demand to fully refrain from trade with Russia. Unfair Criticism: Indian ...

... – significantly above seasonal average levels from previous years. According to the Gas Infrastructure Europe association, total reserves exceeded 77 billion cubic meters (over 72% of capacity) as early as August 10 and continue to rise. European importers injected over 40 billion cubic meters of gas during the summer months, confidently moving towards the target storage filling rate of 90% by November 1. The current injection rates indicate a high likelihood of achieving – and possibly exceeding – planned reserves ahead of schedule. The high ...

... India’s key priority is to ensure affordable energy prices for its population and economy. Purchasing Russian oil helps curb fuel price increases in the domestic market. The West trades with Russia: In New Delhi, it was reminded that EU countries still import gas, petrochemicals, fertilizers, and other resources from Russia, while the U.S. obtains some categories of Russian goods (such as nuclear materials). This undermines the demand to completely cease trading with Russia as unjust and hypocritical. Simultaneously,...

... natural gas (LNG) through terminals maintain a relatively calm pricing situation. Summer quotes at the European TTF hub are holding in the range of $330–360 per thousand cubic meters, several times lower than peak crisis levels in 2022. After rerouting import channels, Europe has noticeably reduced its dependence on pipeline gas from Russia: since January 2025, transit through Ukraine has been completely halted (after the contract with Gazprom concluded), and northern routes are no longer operational (the Nord Stream pipeline has been put out of commission, and transit through ...

... LNG with American LNG will affect the European market and investors. The current situation with LNG consumption in Europe Europe is actively increasing its LNG consumption, especially after the 2022 energy crisis caused by the restriction of Russian gas supplies. According to the International Energy Agency (IEA), in 2023, LNG import volumes to Europe exceeded 140 billion cubic meters, with more than 20% of these supplies coming from Russia. Europe's technical capacity to receive LNG is still limited, as a significant increase in import volumes requires new terminals and infrastructure,...