India-US Deal Signals Energy Sovereignty and Climate Cult’s Demise
8 hours ago Guest Blogger
By Vijay Jayaraj
In a landmark move that may well redefine the future of U.S.-India trade relations and global energy geopolitics, U.S. Vice President J.D. Vance announced the initiation of a new trade deal with India. The day after his meeting with the Indian Prime Minister Modi April 21, Vance said that the two countries had “officially finalized the terms of reference for the trade negotiation.”
The deal, initiated against the backdrop of Trump’s tariff threats, could turn out to be a masterstroke of economic diplomacy. Trump’s announcement of a 90-day pause on reciprocal tariffs, which could have raised duties on Indian exports, provided India with a window to negotiate.
The energy economics of this deal, and its potential to reshape the global market for fossil fuels, is particularly interesting. In his announcement, Vance declared, “We want to sell more energy to India and also help it explore its own resources, including offshore natural gas reserves and critical mineral supplies.”
The arrangement could propel India toward its long-standing goal of energy surplus – a feat that appeared daunting – perhaps impossible – against the nation’s projections for a massive increase in demand – the fastest-growing among major economies for the next two decades.
https://wattsupwiththat.com/2025/04/29/india-us-deal-signals-energy-sovereignty-and-climate-cults-demise/