India has reaffirmed its commitment to continue purchasing Russian oil despite the recent announcement of new US tariffs.
India’s Response to US Tariffs
Indian External Affairs Minister S. Jaishankar clarified that India held no prior discussions with the United States regarding its Russian oil imports before the US announced the new tariffs. This statement comes at a crucial time when global energy markets face uncertainty due to evolving geopolitical tensions.
India remains steadfast in its energy strategy, emphasizing the importance of diverse and secure oil supplies to meet its domestic demands. The Indian government asserts that its decisions are driven by national interests and energy security, not by external pressures.
Geopolitical Impact and Energy Security
As one of the world’s largest oil importers, India must balance global diplomatic relations with its urgent need for affordable energy. India’s unapologetic stance on Russian oil highlights its focus on energy independence and its resistance to foreign influence over its economic policies.
Sources:
https://caliber.az/en/post/india-defends-russian-oil-purchases-ahead-of-us-tariffs
