India appears to be defying every foreign policy goal relentlessly pursued by the US, stubbornly striking deals with nations Washington is trying to isolate from global trade. Russia, Iran and now Venezuela – all among the top targets of Washington’s aggressive rhetoric and sanctions – are also among the nations India has been refusing to turn its back on. The country’s growing economy needs energy and its military needs hardware, and it is not allowing lucrative deals slip away to appease the superpower on the other side of the world. Venezuelan oil The government in Venezuela, Washington’s most recent regime-change effort, has been squeezed tight by American sanctions. A country mostly dependent on oil revenues, has been hit hard as US-bound shipments were cut off. India appears to be jumping in to pick up the slack, though: it became world number one buyer of Venezuelan crude in the first half of February, with imports up 66 percent.
This post originally appeared on SOTT.net