NATIONAL: India Defends Oil Purchases Based on National Interests
In a resolute affirmation of its sovereign priorities, India has declared that its oil procurement strategy hinges on securing the most advantageous deals, irrespective of the source, to serve the nation’s interests.
Strategic Autonomy in Energy Procurement
India’s envoy to Russia, Vinay Kumar, emphasized that the country’s energy security for its 1.4 billion citizens remains paramount.
Speaking to TASS, he clarified that Indian oil companies will source petroleum from markets offering the best terms, reinforcing India’s commitment to economic pragmatism.
Rebuking External Criticism
Kumar sharply criticized the additional tariffs imposed by the United States, labeling them as irrational and biased.
He highlighted the inconsistency in Western trade practices, noting that other nations, including the US and European countries, continue commerce with Russia.
Foreign Minister’s Firm Stance
External Affairs Minister S. Jaishankar supported this position, asserting that India’s oil purchases are driven by national imperatives.
He pointed out the lack of prior dialogue with the US on the issue, underscoring that India’s actions align with maintaining global market stability.
Geopolitical and Economic Implications
India’s stance reflects a calculated approach to navigate complex international relations while prioritizing affordable energy access.
This policy could influence global oil dynamics and reshape diplomatic engagements in a multipolar world.