Putin backs India on Russia ties; Venezuela visit signals energy cooperation
Vladimir Putin stated Russia will not interfere in India-China border disputes and expressed confidence in India's ability to resist Western pressure, particularly regarding Russian oil imports. Russia offered to partner with India on Su-57 stealth jet development as part of expanding defense cooperation. Venezuelan acting president visited India to strengthen energy ties, with Venezuela becoming India's fifth-largest oil supplier in May. India's Q4 FY26 GDP data was released amid ongoing discussions about economic growth and competitiveness.
Why it matters
These developments reflect India's strategic balancing act between Russia and the West amid U.S. pressure over energy imports and sanctions compliance, while diversifying energy sources and strengthening military partnerships to address regional security concerns including the China border situation.