India is the third largest in the worldEnergyThe consumer country, its geographical location and financial power make it a place for Russia and European countries"Middlemen" in buying and selling. However, in 2022-2023Fiscal year, India is importingOilin trouble. Due to the insistence on useRupeeSettlement of importsOil, India is facingRupeeDue to the low acceptance on a global scale, it is not possible to sign contracts with other major oil producersRupeePurchaseOilagreement. This turn of events has made India'sEnergyThe strategy is constrained and has an impact on Russia's expectations.
Expanding: As globalEnergyThe third most consumed country, India rightEnergyThe demand is enormous. On the one hand, India's strategic location and proximity to oil-producing countries such as Russia make it a convenient transit point for transactions. India, on the other hand, is inInternationalThe operation of the financial market is flexible, and the success has become between Russia and European countriesThe "middleman" of buying and selling. However, in recent times, India has been importingOilThere are some difficulties. India tried to useRupeeto settle the importOiland hopefully willRupeePushInternationalstage, but it encountered the problem of low acceptance. Other countries are not willing to accept itRupeeAs a settlement currency, this has prevented India from reaching agreements with other major oil producersRupeePurchaseOilagreement. This issue has made India inEnergyThe strategy in the field was curtailed, and at the same time it had an impact on the expectations of Russia.
RupeeAs the currency of India, although it has some influence in the region, it is also on the global stageRupeeThe acceptance rate is relatively low. This not only restricts India inOilThe performance of transactions has also brought some trouble to countries such as Russia. Although India istrading plays an important role, but due toRupeeNot the world's common currency, it is difficult for Russia to put a large amountRupeeFor other** or investments. India's stubborn useRupeeSettlement of importsOilThis dilemma has led to the occurrence of this dilemma, leaving Russia facing the inability to put in its handsRupeePuzzles for other transactions.
Faced with Indian useRupeeThe problem of settlement, Russia began to seek new export markets. Turkey became the Russian search for a newEnergyPartner's first choice. Turkey, a member of NATO, has chosen to maintain a neutral position in the face of Western sanctions against Russia. This allows Turkey to maintain ** relations with Russia and buy more affordableEnergy。According to reports, Russia on TurkeyExports reached a record high of 400,000 barrels per day in November 2023, and the number is growing. This shift not only provides Turkey with a large amountEnergyIt also opened a new export market for Russia, achieving a win-win situation.
The advantages of Turkey's geographical location make it an export to Russiaimportant transit points. Located at the crossroads of Europe, Asia, and Africa, connecting the Black Sea and the Mediterranean, Turkey is an important transportation hub. This allows the passage through the ports of Turkey willShipping to the European market has become relatively easy. Through this path,It can be quickly and cost-effectively transshipped to the European market, providing Russia with greater profit margins. Therefore, Russia chose Turkey as a state"Middlemen" for exports.
Traditional** The path is the Russian firstShipped to India and then re-exported from India to Europe. However, this path faces conflict and instability in the maritime ** environment. Israeli-Palestinian conflictMakes shipping lanes through the Gulf of Oman and the Strait of Hormuz unstable, which gives:The ** comes with risks. In order to reduce the risk, Russia has chosen to direct the generals through the Black Sea and TurkeyShipped to Europe, thus avoiding the unstable areas of the Persian Gulf.
To sum up, India'sEnergyThe strategy has had limited global acceptanceRupeerestrictions, Russia is faced with the inability to willRupeefor other trading dilemmas. In search of new export markets, Russia has chosen to cooperate with Turkey, taking advantage of Turkey's geographical location and economic interests, willDirect shipping to the European market. With this new route in Turkey, Russia will be able to sell to Europe more easilyto realize the economic interests of both parties. At the same time,Israeli-Palestinian conflictThe destabilizing situation caused by the traditional ** path has also prompted Russia to choose this new way of exporting.