Author: Muhammad Taimur Fahad Khan

Published: February 6, 2025

India and Russia recently solidified their energy partnership by signing a landmark agreement for the supply of 500,000 barrels of crude oil per day (bpd) over the next decade. This deal, valued at approximately $13 billion annually, represents a significant deepening of energy ties between the two countries amidst evolving global energy dynamics and shifting geopolitical alignments.

Concurrently, India has signed a 10-year agreement with Iran to fund and operationalize the Chabahar Port, further enhancing its logistical capabilities and trade linkages. This investment in Chabahar Port will further integrate with the INSTC (International North-South Transit Corridor), which is already operational, enabling enhanced connectivity between India, Iran, and Russia while facilitating trade and bypassing many of Western-controlled routes.

For full brief, please open the link:

https://issi.org.pk/wp-content/uploads/2025/02/IB_Taimur_Feb_6_2025.pdf

The article was published by the INSTITUTE OF STRATEGIC STUDIES ISLAMABAD - ISSI

IRSEA and ISSI are partners.

The opinions expressed in this article are the author’s own and do not necessarily reflect the official policy, position or view of IRSEA.