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Donald Trump’s threat to hike tariffs on Indian exports over its Russian oil imports isn’t likely to move the needle in New Delhi. India, driven by domestic needs and economics, isn’t ditching cheaper Russian crude anytime soon. Behind the posturing lies a bigger story, about energy security, shifting alliances, and a clash between political theatre and market reality. This piece unpacks how India is responding to Trump’s latest pressure play, and why it’s not backing down.

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