Moscow may want to give the benefit of doubt to the present Trump administration and hold the former President, Joe Biden, accountable for heaping misery on them through sanctions on oil. There are hints aplenty that display palpable anxiety over how this war of nerves between US and Russia will play out. Russians believe that once the Ukraine war ends, it may be easier for the two countries to do business with each other, but they find it difficult to explain how they will reconcile with BRICS, which is an anti-US construct.
Though India is opposed to the idea of replacing dollar as a global currency, it was reminded of President Trump’s extreme aversion when Modi made a short visit to Washington earlier in February this year.
The Russians are also not very adamant, these days, about the reserve currency business and claim that India is right about practising its strategic autonomy, which gives them the freedom to do what they want. The source told The Quint, “They can join…
