Ambassador Rajasekhar argues that the Lindsay Graham Act signed by President Trump, which authorises secondary sanctions of up to 100% tariffs on nations trading with Russia and Iran, poses an existential threat to India, which imports over 80% of its crude oil, nearly half from Russia. The article says India imports roughly 5 million barrels of crude per day, so a sudden halt in Russian and Iranian supplies could trigger a supply crunch and push US diesel prices beyond $8 per gallon. In the short term, it suggests Delhi should seek an exemption by stressing the political fallout for Trump ahead of the November midterm elections. In the medium term, it urges India to diversify energy supplies, expand renewable capacity and seek new suppliers in Africa and Latin America, while criticising US sanctions as self-interested economic warfare.
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