Friday, October 24, 2025

why is india always first here? ah, because India has no leverage

 


alphabetically, china comes before India. in terms of volume of imports, china imports 2.2 million barrels a day, India imports 1.5 million barrels a day, or china imports 50% more than India. (headline and data from the financial times).

but India is vulnerable to US pressure, whereas china retaliates. 

india has to somehow build leverage. 

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