India Won’t Stop Buying Russian Oil. Now It’s Paying the Price.

The Big Take Asia from Bloomberg News discusses the growing tension between the U.S. and India due to India's continued purchase of Russian oil despite U.S. sanctions. The podcast explores how President Trump is increasing pressure on India with tariffs, examines India's rationale for buying Russian oil due to its affordability and impact on the global market, and explains the historical ties between India and Russia dating back to the Cold War. It also considers the potential economic and political consequences for India and Prime Minister Modi, as well as the broader geopolitical implications of India balancing its relationships with the U.S., Russia, and China.