Russia oil to keep flowing? India reiterates stance on energy sourcing

NEW DELHI: The ministry of outer affairs connected Saturday reiterated it stance connected the import of Russian lipid and said that India's vigor information remains the government’s apical priority.In a statement, MEA said that diversifying India's vigor sourcing lies astatine the bosom of our strategy."Insofar arsenic India’s vigor sourcing is concerned, the authorities has stated publically connected respective occasions that ensuring the vigor information of 1.4 cardinal Indians is the ultimate precedence of the government," the ministry said."Diversifying our vigor sourcing successful keeping with nonsubjective marketplace conditions and evolving planetary dynamics is astatine the halfway of our strategy to guarantee this.

All of India’s actions are taken and volition beryllium taken with this successful mind," it added.This comes aft New Delhi and Washington issued a associated connection outlining the details of the precocious announced commercialized pact, nether which tariffs connected Indian products entering US volition driblet from 50% to 18%. The improvement follows months of negotiations that started backmost successful February 2025.In a property briefing aboriginal successful the day, Union curate Piyush Goyal assured that the India-US commercialized woody model volition not harm Indian farmers, MSMEs, artisans, oregon craftsmen, and said their interests stay afloat protected.

"I tin accidental with implicit certainty that the farmers, MSMEs, artisans, and craftsmen of India volition not endure immoderate benignant of loss," Goyal saidWhen asked whether India volition halt purchasing Russian oil, arsenic mentioned successful a White House connection announcing the elimination of the further tariffs imposed connected India for the purchase, Piyush Goyal had said, "MEA volition springiness accusation astir it."After announcing the interim model betwixt the United States and India commercialized agreement, the White House had said, "India has committed to halt straight oregon indirectly importing Russian Federation oil, has represented that it volition acquisition United States vigor products from the United States, and has precocious committed to a model with the United States to grow defence practice implicit the adjacent 10 years.

"