Putin Warns Against U.S. Energy Pressure on India and China

Russian President Vladimir Putin criticized U.S. efforts to make India and China cut energy ties with Moscow, warning of potential economic repercussions including higher global prices and sustained high U.S. interest rates, which could slow the U.S. economy.

Russian President Vladimir Putin on Thursday criticized U.S. pressure on India and China to reduce their energy ties with Moscow, warning of potential global economic repercussions.

Putin emphasized that imposing higher tariffs on Russia's trade partners could elevate global prices and force the U.S. Federal Reserve to maintain high interest rates.

Addressing a forum of Russia experts, he cautioned that such economic strains could ultimately slow down the U.S. economy.