Trump said Modi and Indian officials “know I am not happy” and are trying to satisfy the US. He added, “They trade with us, and we can impose tariffs very fast if needed.” The warning comes amid rising scrutiny in Washington of India’s energy trade with Russia, weeks after Modi and Trump spoke over the phone. The leaders had stressed maintaining momentum in bilateral trade despite tariff-related tensions.

Earlier, trade talks between US and Indian officials faced disruptions after Washington imposed 50% tariffs on certain Indian imports. The Air Force One remarks coincide with efforts to resolve these longstanding trade issues. Recently, the US Embassy in India highlighted Trump’s appreciation for Modi, calling India “a wonderful country” and Modi “a great friend.”

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India currently imports around 1.5 million barrels per day, with Russian supplies reducing costs, according to Emkay Wealth Management. The report noted that future price movements will depend on US sanctions and tariff policies. China is also increasing its Russian oil imports to meet domestic demand.

With India and China sourcing heavily from Russia, oil prices are expected to stay range-bound, benefiting importing nations. Lower energy costs are vital for India to curb inflation and stabilise the economy. Analysts highlighted that India’s strategy balances geopolitical shifts and domestic priorities.

US Energy Secretary Chris Wright praised India as an “awesome ally” with growing energy demand. He emphasized stronger India-US energy cooperation, while Commerce Minister Piyush Goyal also called for expanding bilateral energy trade. Both leaders highlighted the mutual benefits of a robust partnership in energy.

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Jaishankar emphasized India’s right to pursue its own energy security, stating, “If you don’t like it, don’t buy it.” This comment underlined India’s commitment to securing affordable energy sources, regardless of external pressures. India’s oil imports from Russia are part of a broader strategy to maintain stable global energy prices, a move that the U.S. had previously supported.

The minister also made it clear that while the tariff dispute continues, India is committed to engaging in trade talks with the U.S. He noted that India’s “red lines” in these discussions include the protection of its farmers and smaller producers, reflecting the nation’s stance on safeguarding domestic interests.

This exchange highlights the complexities of balancing national priorities with global diplomatic relations.

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