America's next hit for Russia..!? Will it affect India?

Russia's war in ukraine has been going on for a year, and the chapter is far from over. Although it has faded from the headlines, the issue between the two countries still lingers. It is said that russia is still making a serious attack on Ukraine. The united states, which has been vocal in support of ukraine since the beginning, is now said to be planning to block Russia's exports in support of Ukraine. As far as Western countries are concerned, if russia falls financially, they can back out of the war. But if the West blocked one way, russia came out the other way. So the dream of destroying Russia's economy was just a dream. russia, meanwhile, is ramping up business in new guises. Although many countries have avoided buying crude oil, india has fixed its problem by giving china a discounted price. russia, which has turned every problem to its advantage, has not backed down from the war even today. It continues to attack Ukraine. In this situation, it is said that US President Joe Biden has taken up a new sanctions plan in order to give the above problem to Vladimir Putin. It is also said to have targeted many important sectors.In particular, it is said that this sanctions program of the united states is also in the defense and energy sectors of Russia. Apart from this, financial institutions are also planning to ban many individuals. Neither the united states nor russia has yet to publish their views on this. It seems that the united states believes that doing this will be able to affect Russia's economy. It is said that the American and european authorities are negotiating about this and an announcement will be made soon. Especially in the middle of these efforts, it seems that european Union-based banks may engage in activities that put pressure on Russian assets. However, this requires the support of all member states. So there may be announcements about this soon.It is said that Iranian companies that supply drones to russia are also to be banned from the sanctions list of european countries. Not only this, IT and spare parts, heavy vehicles, electrical appliances, and many other rare items are likely to be subject to trade restrictions. It has been reported that the G7 countries and the european union can do this together. In general, there are many plans in hand such as increasing the pressure on the companies that help russia and increasing the trade ban on them. With this, it seems that they are planning to freeze Russia's economy. However, if restrictions are imposed on the defense sector and energy sector, india will depend more and more on russia for defense and fuel. So will this have an impact on India? The fear has also arisen. However, the truth will be known only when official announcements are made about this.
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america's next target to russia

Sowmiya Sriram

20/02/2023 10:50 PM