The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
23 September 2026, by Eric Zuesse. (All of my recent articles can be seen here.)
On September 22nd, Bloomberg bannered “India’s Oil Buyers May Cut Russian Cargoes in Wake of U.S. Threats”, and reported:
Indian refiners, currently eyeing deliveries for the month of November, could cut back purchases of crude shipments from Russia after a sweeping .S. sanctions bill was signed into law, raising the threat of fresh punitive tariffs.
The world’s third-biggest crude buyer bought more than half of its imports from Russia in some recent months, in an effort to counter high prices and continued disruption in flows from the Middle East. In recent few days, however, the top processors have begun to look seriously for alternative cargoes, according to people involved in the discussions. They asked not to be named as the conversations are not public. …
Imports from Russia have already eased and may average about 1.9 million barrels a day in September — more than 35% of the total and the lowest since April, according to Kpler.
But it will not be easy to replace Russia’s cargoes, given the volume is far larger than, say, Venezuela or Iran, and prices are high. Russian Urals delivered to India cost about $133 a barrel at the end of last week, according to Argus Media, while Middle Eastern grades such as Oman and Murban were several dollars more expensive. …
India has repeatedly adjusted its Russian oil purchases over more than a year, as Washington tightened or eased pressure on the trade. Even so, New Delhi has said its purchasing decisions are driven primarily by the need to secure affordable energy for its 1.4 billion people.
“India should continue to buy crude from Russia as long as it is competitive,” said Ajay Srivastava, founder of the New Delhi-based Global Trade Research Initiative. “India should ignore the US tariff threats as there is no end to these.”
These are tariffs that were just recently allowed by Congress when it passed and Trump signed Lindsey Graham and Richard Blumenthal’s “Sanctions From Hell” against Russia.
Foreign governments are increasingly recognizing the hostility and unpredictableness of the U.S. Government and are increasingly planning ways to insulate themselves from it. Doing so is a national security, and an economic security, necessity.
The U.S. initiates vastly more international sanctions than does any other country. A study by Chatham House found that of the 596 international sanctions, 47% were by the U.S. Government, and an additional 13% were done by its colonies under America’s initiation and leadership, for a total of 60% of the entire world’s 596 sanctions. Of the remaining 40%, the number that were by the U.N. — which is the only entity that can impose sanctions under international law (for example, all of America’s 60% are illegal) — was only 6%. Only 6% of the entire 596 were legal, and all of the U.S. empire’s 60% were and are illegal (and, of course, unpunished).
Furthermore, the most damaging sanctions are Secondary Sanctions — sanctions against a country that violates a primary sanction. The U.S. Government invented and is the ONLY imposer of secondary sanctions. For examples, it was the secondary sanctions that virtually destroyed the economies of Venezuela, Cuba, Iraq, Iran, and Syria. Secondary Sanctions are like blockades. India now is considering whether to violate America’s new Primary Sanctions against Russia. And India might be big enough to be able to do so with impunity (Trump might allow it).
On September 16th, the SupplyChainBrain dot com headlined “The ‘Zero Sum Game’ of the U.S. Trade War With Canada”, and reported on the Canadian Government’s retaliations against the American Government’s economic aggressions, which are causing Canada to enormously increase its trade with EU countries, at the expense of American corporations and consumers. Increasingly, the U.S. is economically at war against its own colonies.
The problem here is not ONLY Trump, because the U.S. Congress has overwhelmingly passed into law each of America’s economic sanctions, and is legally the U.S. entity that is responsible also for tariffs. All of this is aggression by the U.S. Government, and NOT ONLY — but ALSO — by an exceptionally aggressive U.S. President. All of U.S. foreign policies ever since 1945 (except under Kennedy) have been aimed at increasing the U.S. empire; and, until now, the overt hostility has been against only the U.S. Government’s targets — countries it hasn’t YET turned into colonies. But America’s hostility is climaxing now; and, so, even America’s colonies are looking for ways out.
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Investigative historian Eric Zuesse’s latest book, AMERICA’S EMPIRE OF EVIL: Hitler’s Posthumous Victory, and Why the Social Sciences Need to Change, is about how America took over the world after World War II in order to enslave it to U.S.-and-allied billionaires. Their cartels extract the world’s wealth by control of not only their ‘news’ media but the social ‘sciences’ — duping the public.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.