Trump Warns Putin: “You’ll See the Results in Six Months” — Sanctions Shake Global Oil Markets, India Faces Ripple Effect - Punjabi News

Published on: 24 Oct 2025 at 08:32 AM

Trump Warns Putin: “You’ll See the Results in Six Months” — Sanctions Shake Global Oil Markets, India Faces Ripple Effect

Published by: Gill Bikram

Trump Warns Putin: “You’ll See the Results in Six Months” — Sanctions Shake Global Oil Markets, India Faces Ripple Effect

U.S. President Donald Trump has issued a direct warning to Russian President Vladimir Putin, asserting that the impact of newly announced U.S. sanctions on Russia will become evident within the next six months. Speaking at the White House on Thursday, Trump dismissed Putin’s remarks that the sanctions would have “little effect” on Russia’s economy, saying, “I’m glad he thinks that way. But let’s see what happens six months from now.”

On Wednesday, Trump unveiled fresh sanctions targeting Russia’s two largest oil giants — Rosneft and Lukoil — as part of Washington’s effort to pressure Moscow to end the ongoing war in Ukraine. The announcement triggered an immediate 5% surge in global oil prices, signaling the sanctions’ potential to disrupt global energy markets. This marks the first time in Trump’s second term that he has imposed sanctions directly related to the Ukraine conflict.

Putin condemned the move, accusing the U.S. of trying to “intimidate” Russia. “No self-respecting nation or people will make decisions under pressure,” he said during a televised address in Moscow.

Impact on India

The sanctions are expected to affect India, one of the largest importers of discounted Russian oil. Trump recently claimed that India is likely to reduce its oil imports from Russia, though New Delhi has yet to issue any official confirmation. Under the new restrictions, both Russian oil companies have been cut off from the U.S. dollar-based global payment system, creating uncertainty for refineries in India and China, which are now reviewing their import agreements and awaiting further government guidance.

The restrictions could lead to temporary payment delays and supply disruptions, forcing Indian refiners to diversify crude sourcing in the short term. Analysts warn that sustained high oil prices may increase India’s import bills and inflationary pressures in the coming months.

Meanwhile, the U.S. has also canceled a planned meeting between Trump and Putin in Budapest, citing “inappropriate timing” given the escalation in Ukraine. “I didn’t think it was the right meeting,” Trump said. “It wouldn’t have achieved the results we want. But it will happen in the future.”

The latest U.S. sanctions deepen the geopolitical divide between Washington and Moscow — and could reshape global oil trade patterns, with India caught in the middle of this growing power confrontation.