Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Ancestry: AI Cut Time Spent Processing Records From 9 Months to 9 Days

August 24, 2025

Oil News: Crude Outlook Turns Positive with Sanctions Threat and Supply Disruptions

August 24, 2025

Diesel generator pollution places Bengaluru in red zone, ETEnergyworld

August 24, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Vance Pushes Closer US-India Ties, Issues Curious Warning
Asia & China

Vance Pushes Closer US-India Ties, Issues Curious Warning

omc_adminBy omc_adminApril 22, 2025No Comments5 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


 

US Vice President JD Vance met with Indian Prime Minister Narendra Modi to discuss trade and other issues this week as the two countries seek to forge an agreement over tariffs by mid-year.

In a speech on Tuesday in the northwest city of Jaipur, Vance said the US was keen to sell more energy and defence equipment to India, while noting that ties between the two nations will shape the century. But he also voiced a curious warning.

“If India and the United States work together successfully, we’re going to see a 21st century that is prosperous and peaceful,” he said. “But I also believe that if we fail to work together successfully, the 21st century could be a very dark time for all of humanity.”

 

ALSO SEE: Cyber Scam Hubs Spread From Asia Like a Global Cancer: UN

 

His remark about a “very dark time for all of humanity” was not explained, but is assumed to refer to tensions with China and Russia, related to trade, the war in Ukraine and other geopolitical concerns.

Vance, who repeatedly praised Modi following a dinner they had on Monday, is on a mostly personal, four-day visit to India along with his wife, who is the daughter of Indian immigrants, and their three children.

The trip comes at a time when India is rushing to clinch an early trade deal with the US – its largest trading partner – before the end of the 90-day pause on the steep tariffs announced by President Donald Trump’s administration.

“Prime Minister Modi is a tough negotiator. He drives a hard bargain,” Vance said to big laughter from the audience.

Earlier, the two leaders noted continued efforts towards enhancing cooperation in energy, defence and strategic technologies, among others, a statement from Modi’s office said after their talks on Monday.

 

Global conflicts

They discussed regional and global issues and called for dialogue and diplomacy as the way forward, it said, reiterating a standard Indian line about global conflicts without naming any. New Delhi has in the past used this formulation for the war in Ukraine.

“(The) prime minister conveyed his warm greetings to President Trump and said that he looked forward to his visit to India later this year,” it added.

Statements from the Trump administration said the two countries agreed on a roadmap for further discussions on trade.

Vance’s office said talks present “an opportunity to negotiate a new and modern trade agreement focused on promoting job creation and citizen well-being in both countries.”

In a statement on Monday, US Trade Representative Jamieson Greer pointed to a “serious lack of reciprocity in the trade relationship with India” that needed to be resolved.

Vance landed in New Delhi following a visit to Rome, where he held a private meeting with Pope Francis on Easter Sunday.

 

‘Fairness’ sought in trade agreement

Modi and Vance reviewed progress in various areas of bilateral cooperation outlined in February when the Indian leader met President Donald Trump in Washington, their offices said. It includes “fairness” in their two-way trade and growing their defence partnership.

The Indian prime minister was one of the first world leaders to meet Trump after he took office. Reuters has reported that his government is open to cutting tariffs on more than half of its imports from the US, which were worth a total $41.8 billion in 2024, as part of a trade deal.

However, the US president has continued to call India a “tariff abuser” and “tariff king”.

Bilateral trade between the US and India reached $129 billion in 2024, with a $45.7 billion surplus in favour of India, US government trade data shows.

A wide swathe of Delhi’s goods exports face a levy of over a quarter of their value under the new measures. A 10% blanket duty on many US imports remains in effect.

India hopes to “positively conclude” the first part of a trade pact by autumn, Indian Finance Minister Nirmala Sitharaman said in San Francisco on Monday.

Vance said he and Modi made good progress on trade talks, and confirmed that the two sides had finalised the terms of reference for the trade negotiation.

“It sets a roadmap toward a final deal between our nations,” he said.

 

Reuters with additional input and editing by Jim Pollard

 

ALSO SEE:

India Likely to Defy Auto Lobby, Cut EV Levies to Appease Trump

India Shares Sink on US Tariffs Criticism, Xi Urges Trade ‘Tango’

Asian Markets Crash as Trump Vows Tariffs Against Every Country

India Eyes $23bn in Tariff Cuts on US Imports to ‘Save Exports’

India Ends Manufacturing Scheme, Focuses on Slashing Tariffs

Tesla Prepares For India Entry That Trump Says is ‘Unfair’

Carmakers Shares Tumble After Trump Announces 25% Auto Tariff

Indian Carmakers Block EV Import Tax Cut to Prevent Tesla Entry

India’s High Taxes Will Crush Export Goals, Tech Ministry Warns

India’s Tata Steps Up EV Push With $1.6bn Battery Plant Deal

 

 

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years.



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

CK Hutchison Rates Ports Deal With Cosco a ‘Reasonable Chance’

August 14, 2025

Surge of Chinese Exports to Southeast Asia as Cargo to US Falls

August 7, 2025

S Korea to Invest $450bn in US Projects, Energy; Gets 15% Tariff

July 31, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

NOIA speaks out after Trump halts nearly complete Revolution Wind project

By omc_adminAugust 23, 2025

After the U.S. Department of the Interior ordered all work on the nearly complete Revolution…

Trump withholds Venezuelan oil approval for non-U.S. majors

August 22, 2025

IRS Confirms Early Termination Dates, Issues Guidance On Energy Credits

August 22, 2025

Cenovus to acquire oil sands producer MEG for $5.7 billion

August 22, 2025
Top Trending

States vow to fight Trump official’s stop-work order on offshore wind farm | US news

By omc_adminAugust 23, 2025

Do heatwaves, wildfires and travel costs signal the end of the holiday abroad? | Travel & leisure

By omc_adminAugust 23, 2025

Young climate activists in Wisconsin sue state over pro-fossil fuel policies | Wisconsin

By omc_adminAugust 22, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 20257 Views

Analysis: Reform-led councils threaten 6GW of solar and battery schemes across England

June 16, 20252 Views

Guest post: How ‘feedback loops’ and ‘non-linear thinking’ can inform climate policy

June 5, 20252 Views
Our Picks

Kazakhstan Pursues $4B Sulfur Fine on Majors

August 23, 2025

NOIA speaks out after Trump halts nearly complete Revolution Wind project

August 23, 2025

Trump withholds Venezuelan oil approval for non-U.S. majors

August 22, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.