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Russia Today
23-07-2025
- Business
- Russia Today
India counters EU pressure on Russian oil
India has denounced the European Union's pressure tactics against New Delhi for importing and refining Russian oil, arguing that it prioritises its own energy security. When questioned by the media at a press briefing on Wednesday about Brussels' 18th package of sanctions against Moscow, which directly targeted an Indian refinery, Foreign Secretary Vikram Misri said the bloc needed to have a clear perception of the global energy situation. 'We have been clear that so far as energy security is concerned it is the highest priority of the government of India to provide energy security for the people of India and we will do what we need to do with regard to that,' Misri stated. 'On energy-related issues also, as we have said previously, it is important not to have double standards and to have a clear perception of what the global situation is in so far as the broader energy market is concerned and where the providers of energy goods are located and where they are going to come from and who needs energy at what point in time,' he added. Earlier on Wednesday, Reuters reported that two tankers had not loaded fuel from the sanctions-hit Indian refinery as scheduled. 🇮🇳 Will Do What We Need to Do - Indian Foreign Sec. Calls Out Double Standards of EU SanctionsVikram Misri stresses that Europe must understand that the rest of the world exists - European problems aren't global problems. 'We do understand that there is an important and serious security issue that is confronting Europe, but the rest of the world is also there,' Misri said. 'It is also dealing with issues that are existential for the rest of the world, and I think it's important to keep balance and perspective when talking about these issues.' Moscow has emerged as India's key oil supplier since the escalation of the Ukraine conflict in February 2022, accounting for nearly 40% of India's crude imports. New Delhi, in parallel, has become a major exporter of refined fuels to Europe since 2023.
Times of Oman
19-07-2025
- Business
- Times of Oman
"There should be no double standards, especially in energy trade": India on EU sanctions
New Delhi: India has responded to recent sanctions announced by the European Union, stating that it does not subscribe to any unilateral sanction measures and emphasizing the importance of avoiding double standards, especially in the domain of energy trade. In response to media queries on the issue, Ministry of External Affairs spokesperson Randhir Jaiswal said, "We have noted the latest sanctions announced by the European Union. India does not subscribe to any unilateral sanction measures." "We are a responsible actor and remain fully committed to our legal obligations," Jaiswal said. The spokesperson further underlined that the Government of India considers the provision of energy security a critical responsibility. "Government of India considers the provision of energy security a responsibility of paramount importance to meet the basic needs of its citizens. We would stress that there should be no double standards, especially when it comes to energy trade," he added. The remarks align with the External Affairs Ministry's response on Thursday to NATO chief Mark Rutte's comments on potential secondary sanctions over Russian oil, stressing that securing India's energy needs is an "overriding priority" and decisions are driven by "available offers" and "prevailing global circumstances." The Ministry of External Affairs further cautioned against "double standards" on the matter. Addressing a press conference in the national capital, MEA spokesperson Randhir Jaiswal said, "We have seen reports on the subject and are closely following the developments. Let me reiterate and I have said this in the past as well that securing the energy needs of our people is, understandably, an overriding priority for us. In this endeavour, we are guided by what is available in the markets, as well as by the prevailing global circumstances." "We would particularly caution against any double standards on the matter," the MEA Spokesperson said. The NATO Secretary General had in his recent remarks asked India, China, and Brazil to reconsider their purchase of oil from Russia or face the prospect of "100 per cent secondary sanctions". Rutte echoed the position taken by US President Donald Trump, who earlier this week threatened severe tariffs on countries maintaining trade with Russia. "My encouragement to these three countries, particularly, is that if you live now in Beijing or in Delhi, or you are the President of Brazil, you might want to take a look at this because this might hit you very hard," Rutte had said. The NATO chief had also urged India and the other countries to "make the phone call to Vladimir Putin and tell him that he has to get serious about peace talks" with Ukraine. "because otherwise this will slam back on Brazil, on India and on China in a massive way."
