Australia: Asian nations have been urged by the International Energy Agency (IEA) and the United States to rely less on Russia and China for their needs in terms of fossil fuels, solar technology, and the essential minerals required for electric vehicles and batteries.

Since energy is essential to modern economies and economic growth, there aren't many other options and only a handful of nations actively participate in the global energy market. Without a doubt, Russia cannot be written off or ignored in the global energy landscape. At the Sydney Energy Forum on July 12, US Energy Secretary Jennifer Granholm and International Energy Agency (IEA) Executive Director Fatih Birol urged Indo-Pacific nations to diversify their supply chains for energy and essential minerals to lessen their "dependency" on China and Russia due to the latter's special operation in Ukraine. 

At a time when there is a shortage of energy he also explains that trade with Russia has become essential economically. This is because Moscow is giving several nations discounted oil. For some Asian nations and countries of the Global South, maintaining economic ties with Russia is also a matter of survival and the welfare of the populace, according to the professor. He asserts that under these conditions, it is extremely unlikely that they will give in to Washington's pressure and sever ties with Russia. 

The European Union's decision to sanction Russia and reduce its energy exports has hurt the continent's economy, driving up fuel prices and accelerating inflation. this world have seen the kind of costs that Europe is imposing on Europeans and how hard it is working to reduce its dependence.The majority of Asian nations would be hesitant to take that path. 

Suranjali Tandon, an assistant professor at Delhi's National Institute of Public Finance and Policy, agrees that the disruptions in the crude supply caused by the ban on Russian oil imports have sharply increased energy prices and inflation. 
She also claims that major Asian economies India and China are prepared to take in Russian crude supplies that the West has rejected.
Tandon cautions that Washington's plan to coerce Asian nations into joining anti-Russia sanctions is rife with serious dangers for the world economy.  By resisting US pressure regarding energy sanctions against Russia, India sets a significant precedent for other Asian countries. The professor emphasises that by doing this, India is defending its internal interests first and foremost.
She applauds the notion that relying on a single technology or fuel should be avoided. Similar applications of this theory could be made to Russia, China, or Western nations. However, the professor emphasises that it is obvious that this transition cannot be made immediately when the West is urging Asian countries to switch to wind, solar, and even nuclear power and abandon fossil fuels.

Experts Prediction Says that  Russia's energy supplies will continue to be crucial for the world. "More importantly, even after this transition is complete, China will still have a disproportionate share of the natural resources, including minerals used as components in renewable energy. According to the IEA, China produces 63 percent of the rare earth elements in the world, including 45 percent of molybdenum, so it is unclear what other nations should do to develop alternatives while feeling pressure to transition quickly.

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