Inside India newsletter: U.S., Russia vie for a bigger slice of the world’s third-largest energy market

Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of "Inside India" — your one-stop destination for stories and developments from the world's fastest-growing large economy.India's growing energy requirements are becoming fertile grounds for a contest between the U.S. and Russia, as the two geopolitical rivals seek a bigger share of the world's third-largest energy market. This week I spoke to energy experts to understand how the Iran war, trade deals and tariffs are reshaping India's energy sourcing mix.Any thoughts on today's newsletter? Share them with the team. The big storyIndia is becoming a prime market for the U.S. and Russia, as the two adversaries seek to gain a larger wallet share of the world's third-largest energy consumer.The South Asian country is the world's third-largest importer of crude, fourth-largest buyer of liquefied natural gas, or LNG, and the second-largest importer of liquefied petroleum gas, or LPG.While Russia wants India to continue buying its crude, despite mounting pressure of harsher U.S. tariffs, Washington has been pushing New Delhi to purchase Venezuelan oil to replace Russian barrels.Experts told CNBC tha...