October 3, 2025 10:10 AM

India won’t allow humiliation: Putin praises “friend” PM Modi as “balanced and wise leader”

Russian President Vladimir Putin has backed India’s decision to continue buying oil from Moscow, stressing that New Delhi will not be swayed by external forces. Speaking at the Valdai Discussion Club in Sochi, Putin said India’s energy purchases were driven by economic pragmatism rather than politics. “If India refuses our energy supplies, it will suffer losses of around $9–10 billion. If it doesn’t refuse, sanctions will be imposed, and the loss will be the same. So why refuse if it ...