Biden wants Modi Govt's help to cut Putin's oil profits; U.S to rally support at meet in Sydney

After the US failed to convince India to shun or cut use of Russian oil, the Biden administration has come up with a new plan against Putin. According to Bloomberg, the US will urge India & Japan to back its price cap on Russian oil plans at the Sydney Energy Forum. The decision to limit Russia's oil revenue was reportedly made during the G7 meet last month. G7 plans to cap prices by banning insurance & transportation services needed to ship Russian crude unless the oil is purchased below an agreed price. The seven nations bloc intends to cap the price on Russian oil at $40 to $60 a barrel. All eyes now on whether India will accept West's request or give it a pass again. Watch this report to know more.

#biden #narendramodi #modigovt #modigovernment #joebiden #putin #vladimirputin #russianoil #russiancrude #oilprices #oilpricecap #oilprice #revenue #g7 #ukraine #unitedstates #latestnews #latest #ukraine #trending #newupdate #newupdates

[jasnooraroranoor]

A day without hypocrisy is a day wasted .
- United States of America 🇺🇸

[curioushistorylearner]

India is an independent country, who doesn’t put pressure on any other countries, help the countries in need, no other country has the right to tell India - what it should do or not ?

[mohan]

What we need is a cap on U S defence equipments, not on Russian oil.

[arjunthakur]

Even when there's global economic downward trajectory the US can't help itself to be a geopolitical champion. It is telling other nations to suffer inflation but don't buy cheap oil . And the usual rant of being on correct side of history.

[lonesomelion]

Like many of recent American misadventures will fall flat in its face. Lowering price of Russian oil may be in India's interest, but it helps China to reap same benefits and since the US itself is not going to buy the oil, more woes for the average American citizens. Also, Russia is already giving India only discount. Why should Indian even listen to the US?... lol 🤣🤣

[albertbeaney]

I’m embarrassed to be an American. And the entire G7 all can take the express train to hell.

[maxwagner]

Americans need to return to their country and solve their problems, we have seen for many years how they create problems for others and make money on it. The old hegemon must go🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦

[ismailihdarosiddeswantoro]

The U.S has bloated and inflated military product's price for export, and this will be definitely needed a price cap. By doing so, it can lowering the aggressive nature's spirit of expansionism and colonialism of the U.S

[yogalife]

Thank you Bidanji administarion for all the suggestions. I hope USA gives its technology, agricultural products and weapons at 80% discount to India and stops manufacturing weapons which will prevent future wars....
India will manage your weapons well and sell if required for self defence purpose. :) And yes, please stop interfering in Syria, Ukraine, Israel, Africa, Taiwan. .If you want us to listen to our peaceful suggestions too.

[ArmedDeshbhakt]

*Joe Biden is like a web browser with 19* *tabs open*
*17 are frozen and he doesn't know* *where the music is coming from 😂*

[ashimdas]

Why don't USA release Venezuela and iranian oil

[antyspi]

This is how desparation looks like. This is never going to work. If need be, Russia is going to cut their sales further and leave the "oil pool" high and dry and set up a government agency to provide the necessary insurances for oil shipments. There is a good chance that this plan is going to result in even higher oil prices.

[junilconstantino]

Logic is out of place here for Biden. If Russia says "No", will India buy the expensive one? Of course not! They will still agree with Russia, bcoz it still has the cheapest price.

[hiteshgowda]

First Biden must advise the real "buying group".

[keepitreal]

India should never forget their history with Russia a friend in need is a friend indeed

[BabbyCat]

The guy doesn't even know where he is and what he is doing most of the time, and sometimes doesn't even know who he is and he's got the guts to tell us what to do and what not to do? Yeah we'll pass.

[topcommentor]

If US is so concerned about India buying russian oil, then it should sell subsidized oil to India directly😁

[SV]

Will west pay when India buy costly oil from Saudi Arabia?

[victorsamuel]

India will never support this plan and don't need lecture from.USA on our ties with Russia ❤️

[चंद्रहास-चड]

By the way, they are going to strike on Petrodollar. 😆😂😁
& the great thing is Russia will cut the wheat & Fertilizer export too, so double whammy on Europe & G7.