<p>India's position on the ongoing conflict in Ukraine reflects a calculation of its strategic interests, a Singapore-based think-tank said on Friday, and has pointed out that excessive reliance on Russian arms would curtail New Delhi's strategic autonomy with respect to China.</p>.<p>The Ukraine war, which began with Russia's military invasion of the eastern European nation on February 25 last year, has had a far-reaching impact on the global energy system.</p>.<p>Sensing the opportunity, India has been snapping up crude from Moscow at discounted rates, refining and re-selling it.</p>.<p>"India and Russia share some geopolitical assumptions, including support for a future multi-polar global order featuring a less dominant US," Singapore-based International Institute for Strategic Studies (IISS), which is a leading authority on global security, political risk and military conflict, said in a dossier titled "Asia-Pacific Regional Security Assessment."</p>.<p>The report stated that an excessive reliance on Russian arms curtails India's strategic autonomy with respect to China, something many policymakers in New Delhi concede.</p>.<p>Russia has been steadily providing arms to India.</p>.<p>"A future confrontation with China would be especially challenging for India without the supplies of Russian arms," it said.</p>.<p>"Viewed from New Delhi, any Russian defeat in Ukraine would likely push Moscow and Beijing closer," it added.</p>.<p>India has not yet condemned the Russian invasion of Ukraine and it has been maintaining that the crisis must be resolved through diplomacy and dialogue.</p>.<p>Since the Ukraine war unravelled, the US and other Western nations have unleashed a series of crippling economic sanctions on Russia.</p>.<p>The Ukraine war has disrupted supply and demand patterns and fractured long-standing trade relationships and pushed up energy prices for many consumers and businesses around the world, hurting households, industries and economies of several nations.</p>.<p>Prior to Russia's military invasion of Ukraine last year, India, the world's third-largest crude importer after China and the US, mainly imported crude from the Middle East.</p>.<p>India snapped 1.96 million barrels of Russian crude last month, 15 per cent more than last month, according to data from Vortexa Ltd.</p>
<p>India's position on the ongoing conflict in Ukraine reflects a calculation of its strategic interests, a Singapore-based think-tank said on Friday, and has pointed out that excessive reliance on Russian arms would curtail New Delhi's strategic autonomy with respect to China.</p>.<p>The Ukraine war, which began with Russia's military invasion of the eastern European nation on February 25 last year, has had a far-reaching impact on the global energy system.</p>.<p>Sensing the opportunity, India has been snapping up crude from Moscow at discounted rates, refining and re-selling it.</p>.<p>"India and Russia share some geopolitical assumptions, including support for a future multi-polar global order featuring a less dominant US," Singapore-based International Institute for Strategic Studies (IISS), which is a leading authority on global security, political risk and military conflict, said in a dossier titled "Asia-Pacific Regional Security Assessment."</p>.<p>The report stated that an excessive reliance on Russian arms curtails India's strategic autonomy with respect to China, something many policymakers in New Delhi concede.</p>.<p>Russia has been steadily providing arms to India.</p>.<p>"A future confrontation with China would be especially challenging for India without the supplies of Russian arms," it said.</p>.<p>"Viewed from New Delhi, any Russian defeat in Ukraine would likely push Moscow and Beijing closer," it added.</p>.<p>India has not yet condemned the Russian invasion of Ukraine and it has been maintaining that the crisis must be resolved through diplomacy and dialogue.</p>.<p>Since the Ukraine war unravelled, the US and other Western nations have unleashed a series of crippling economic sanctions on Russia.</p>.<p>The Ukraine war has disrupted supply and demand patterns and fractured long-standing trade relationships and pushed up energy prices for many consumers and businesses around the world, hurting households, industries and economies of several nations.</p>.<p>Prior to Russia's military invasion of Ukraine last year, India, the world's third-largest crude importer after China and the US, mainly imported crude from the Middle East.</p>.<p>India snapped 1.96 million barrels of Russian crude last month, 15 per cent more than last month, according to data from Vortexa Ltd.</p>