US Treasury Secretary: China Good, India Bad on Oil! — US-China oil trade relations, India Russia oil imports controversy, Treasury Secretary statements on global energy

By | August 19, 2025

US-China relations, India oil imports, Russian oil sanctions

US Treasury Secretary defends China and attacks India for buying Russian oil

In a recent statement, the US Treasury Secretary has sparked significant conversation by defending China while criticizing India for its oil purchases from Russia. According to the Secretary, “China bought 13% of its oil from Russia before and now buys just 16%. But India increased imports after the Ukraine war.” This highlights the contrasting approaches of these two major economies in the face of global geopolitical tensions.

India is making billions which benefits its richest families

The Secretary emphasized that India’s increased oil imports from Russia have led to substantial financial gains, particularly benefiting the nation’s wealthiest families. This statement raises questions about the ethical implications of such trade practices amid ongoing international sanctions against Russia due to the Ukraine conflict. The Secretary’s remarks suggest a growing concern in the US regarding India’s economic activities and their alignment with Western interests.

The geopolitical landscape is rapidly evolving, and countries are navigating their own paths in response to these changes. While China has maintained a relatively stable level of oil imports from Russia, India’s escalation points to a strategic choice that could have long-term implications for its international relations. This situation underscores the complexity of global economics, where nations must balance domestic needs with international pressures.

As the situation develops, it will be interesting to see how both nations respond to these criticisms and what actions they may take moving forward. The US Treasury Secretary’s comments serve as a reminder of the intricate web of economic dependencies that characterize global trade and the delicate nature of international diplomacy. For more insights, you can read the full tweet from Shashank Mattoo here.

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