Story perspectives

Modi Urges Putin to End War at SCO Summit

9/1/2026

Summary

Modi Urges Peace

Prime Minister Narendra Modi urged President Vladimir Putin to end the war at the SCO summit.
President Putin met with President Xi Jinping and Prime Minister Modi on the summit sidelines.
Putin told Xi that Moscow is ready to make the visa-free regime with China permanent.
India is one of Russia’s largest oil buyers, purchasing fuel at discounted prices.
Putin will attend the BRICS summit in Delhi on Sept. 12-13.

Summary

House Imposes Tariffs

The U.S. House will pass the Graham bill, imposing up to 100% tariffs on Russian oil buyers, including India.
Russian oil exports to India totaled over $34 billion April-July, a rise of 60% from the prior year.
India’s reliance on Russian arms is decreasing as officials hesitate to buy Russian fighter jets.
Direct flights between India and China have resumed, but Indian businessmen still face visa-application difficulties for travel to China.

History

Historical Context

In 2014, following Russia’s annexation of Crimea, the United States and European Union imposed sweeping sanctions that crippled Moscow’s oil revenues. By 2015, Russian oil exports to India fell 30% to $7 billion, while sanctions limited access to Western financing. Today, Prime Minister Narendra Modi meets President Vladimir Putin at the SCO summit as the U.S. House advances the Graham bill threatening 100% tariffs on Russian oil buyers like India. The parallel suggests renewed sanctions could push India to diversify energy, intensify its diplomatic balancing among Moscow, Beijing, and Washington, and reshape future BRICS trade frameworks.

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Modi Urges Peace

Prime Minister Narendra Modi urged President Vladimir Putin to end the war at the SCO summit.
President Putin met with President Xi Jinping and Prime Minister Modi on the summit sidelines.
Putin told Xi that Moscow is ready to make the visa-free regime with China permanent.
India is one of Russia’s largest oil buyers, purchasing fuel at discounted prices.
Putin will attend the BRICS summit in Delhi on Sept. 12-13.

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