Putin Criticises Sanctions, Calls Ukraine Conflict a Pretext for Economic Pressure

Russian President Vladimir Putin has once again questioned the global economic order, saying the Ukraine conflict is being used as a pretext to impose tariffs and sanctions on countries with close economic ties to Russia. His remarks underline the growing divide between Western economies and nations that continue to engage with Moscow despite international pressure.

Putin argued that the sanctions are not just targeted at Russia but also indirectly punish other economies dependent on Russian energy, fertilizers, and commodities. He maintained that the restrictions are designed to weaken traditional trade partnerships and shift global market influence.

For India, which has continued oil imports from Russia at discounted prices, these developments carry significant weight. Tier-2 cities have indirectly benefited from reduced fuel costs in logistics and transportation, helping businesses and households manage inflation. However, any tightening of sanctions could affect these benefits and raise prices across local markets.

Global trade experts also note that prolonged sanctions can fragment supply chains, forcing smaller economies to adjust quickly. Countries in Asia, including India, have been trying to strike a balance between accessing affordable energy and managing diplomatic expectations from Western partners.

While Putin’s comments highlight his stance against what he calls “economic manipulation,” the reality is that sanctions have already altered trade patterns worldwide. For Indian traders and businesses, especially in smaller cities where margins are thin, the long-term impact will depend on how both Russia and the West move forward with their policies.

In the end, the Ukraine conflict continues to shape not only global politics but also the everyday economy of nations like India. The future of trade stability will rest on whether dialogue can replace sanctions or if economic pressures will keep growing.

Sakshi Lade

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