US Sanctions on Russian Firms: Moscow has reacted strongly to the new sanctions imposed on Russian oil companies by the US Trump administration. Russia said that this decision of the Trump government will deal a blow to peace efforts and the country will take every possible step to protect its interests. Moscow says that whatever diplomatic initiatives were taken so far to end the Ukraine conflict, America has weakened them by taking such steps.

Tension will increase further between US and Russia

According to AFP report, Russian Foreign Ministry spokeswoman Maria Zakharova said that she considered the US move to be a “decision taken in the opposite direction”, which will not help in resolving the Ukraine dispute. At the same time, Russian officials also claimed that Moscow has developed strong deterrence mechanisms to deal with Western sanctions, and in the future these mechanisms will be further strengthened in the economic and energy sectors.

In fact, US President Donald Trump on Wednesday had announced sanctions on two major Russian oil companies – Rosneft and Lukoil. Trump said that no concrete progress is being made in diplomatic talks with Russian President Vladimir Putin. Speaking to AFP, Trump said, “We keep talking, the talks are good, but we don’t get results.”

Tension increased due to Trump’s new sanctions

During the meeting with NATO Secretary General Mark Rutte, Trump expressed the hope that the effect of these sanctions will not last long and the war will end soon. At the same time, US Secretary of State Marco Rubio said that despite the sanctions, America is ready for peace talks. He said, “Wherever there is an opportunity for peace, America will be ready for talks.”

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US President Donald Trump expressed displeasure over Russian President Vladimir Putin over the Russia-Ukraine war. Trump said that Putin ‘really disappointed him’ and failed to end the war. Trump warned that the US could take more stringent steps on Russia.

Disappointment despite good relationships- Trump
Trump said that he had a good relationship with Putin for a long time, but the Ukraine War has changed the situation. He said that Putin’s failure has disappointed him and now America may have to adopt a ‘very strict stance’. The US President indicated that more strict restrictions can be imposed on Russia. This may include a ban on Russian banks and oil business. However, he has not yet made any formal announcement.

Putin broke my trust- Trump
Trump said that given his relationship with Putin, he felt that it would be the easiest to resolve the Ukraine war. Trump further said- ‘One of whom I thought the easiest … because of the relationship with my President Putin … but he has disappointed me and broke my trust.’

During a press conference at Checker in Buckinghamshire, Trump, while discussing the ongoing struggles in Ukraine and Gaza, said that he is working hard to resolve these issues. Things are complex, but the solution will definitely come out.

The war between Russia and Ukraine continues
On the other hand, Russia’s top general Valerie Garasimov claimed that his army was moving in almost all directions in Ukraine. He said that the Pokrovsk region of Eastern Donnetsk is the most fighting, where the Ukrainian army is throwing its most trained units.

Ukraine
Ukrainian President Volodimir Jailonsky dismissed the Russian claim. He says that Russia has not made any major progress despite recent attacks and the Ukrainian army is firmly on fronts.

Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Thursday (July 17) that India has diversified its sources of buying oil in the global market, so the government is not concerned about any America’s action on Russia’s oil exports. In the Energy Dialogue 2025, Union Minister Puri said that India currently buys oil from 40 countries, while in 2007 it was 27 and has sufficient supply in the global market.

Union Minister Hardeep Singh Puri said, “There is a lot of oil available in the market. Iran and Venezuela are currently subject to sanctions. But will they be subject to sanctions forever? Brazil, Canada and many other countries are increasing production. I am not unnecessarily concerned about supply right now. We have diversified our sources.”

Trump threatens India and China regarding Russian oil imports

This statement of the Union Minister came after the announcement of secondary session on countries buying Russian oil by US President Donald Trump. On Tuesday (July 15), Trump threatened that if there was no peace agreement with Ukraine within 50 days, he would impose a serious trade ban on Russia. Trump said that US tariffs on Russian exports will be increased by 100 percent. He also threatened to ban countries like India and China who bought oil from Russia.

India played an important role in stabilizing oil prices- Puri

On Trump’s threats, Union Minister Puri said, “I have heard these threats. Some statements are made to resolve an issue between two disputed parties. India’s oil procurement from Moscow has played an important role in stabilizing prices in the global market. When the Ukraine War started in 2022, the prices of raw oil can reach $ 130 per barrels in the absence of Ukraine Oil Trade. Before that, India used to buy only 0.2 percent of its crude oil imports from Moscow.

The Union Minister said, “The price of Russian crude oil has always been under the limit of $ 60 per barrel, but it has never been banned. India is adamant on its attitude not to buy crude oil from a country under sanctions.”

Crude oil could have been priced at $ 120-130 per barrel

At the same time, Union Minister Puri said earlier this month, “Russia is one of the largest crude oil producers in the world with more than 90 million barrels of barrels per day. Imagine if this oil, which is about 10 percent of the global oil supply of about 9.7 million barrels, disappears from the market, what would have been forced to reduce its consumption and because the world would have been forced to reduce its consumer, so the price of consumer supply is also worth 120-130 dollars. Going. “

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