India will purchase oil from where the price is the best.
Despite increased pressure from the United States' tariff increases, India will continue to buy oil from Russia. During his visit to Russia, Indian Ambassador Vinay Kumar made it plain that Indian companies will continue to buy oil from wherever they can get the greatest price.
In an interview with Russia's state news agency TASS, Kumar stated that New Delhi will continue to take efforts to preserve its "national interests." His interview was released on Sunday, August 24. The revelation was reported by NDTV, an Indian media outlet.
In the interview, Vinay Kumar highlighted that New Delhi's top objective is to secure energy security for the country's 1.4 billion inhabitants.
The Indian envoy made it clear that New Delhi's energy strategy is not driven by external pressures, but rather by the necessity to maintain uninterrupted energy supply for its citizens.
He claimed that trade operates on a commercial basis. If the terms of a commercial agreement are acceptable, Indian businesses will purchase oil from wherever it is available at the best price.India has already stated multiple times that acquiring oil from Russia is critical to its economic stability. Indian authorities have also noted that the United States and certain European countries continue to engage in limited trade with Russia, which has helped to stabilize the global oil market.
His comments came as the Donald Trump administration increased tariffs on Indian imports to 50 percent. This includes an additional 25% tariff on India's purchases of Russian crude oil.
The United States accuses India of funding Moscow's war in Ukraine by purchasing Russian crude oil. However, India has categorically denied this accusation.
Vinay Kumar described Washington's decision as "unfair, unreasonable, and unjustified," and stated that the Indian government will continue to take actions to protect the country's interests.
The envoy's remarks resembled those of External Affairs Minister S. Jaishankar. On Saturday, in response to a question regarding US criticism, Jaishankar stated, "If you have an issue with buying oil or refined products from India, don't buy them. "No one is forcing you."
India is currently the world's third-largest oil importer, with imports of discounted Russian oil increasing since 2022. Despite pressure from Washington, New Delhi has made it clear that there will be no compromise on energy security.

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