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Thursday, July 16, 2026

Buy, Then Blame: How Bharat Stabilised Oil Markets—And Still Got Hit With Tariffs

“Buy, Then Blame: How India Stabilised Oil Markets—And Still Got Hit With Tariffs”, Open the magazine, June 12, 2026

“At the height of the global energy panic, the rules were simple. Keep oil flowing, keep prices down, and avoid a shock the world couldn’t afford.

So, India stepped in. From 2022 onwards, New Delhi began ramping up purchases of Russian crude—discounted, available, and suddenly central to a market thrown off balance by sanctions and shifting alliances.

But here’s the part that complicates the narrative…….”

Read full article at openthemagazine.com

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