‘India has the right to buy Russian oil’

India on Friday strongly justified its right to go ahead with purchase of Russian energy after theU.S. urged the country to stop buying Russian oil and gas.

An informed source said India’s energy sector was dependent on large imports and that the country’s dependence on imported energy should not be “politicised.”

“Countries with oil self-sufficiency or those importing themselves from Russia cannot credibly advocate restrictive trading,” said the source, indirectly responding to the growing Western pressure to stop import of oil and gas from Russia.

The Hindu had earlier reported that India’s energy majors had moved ahead with purchasing oil and gas from Russia being supplied at a “discount.”

The assertion of India’s position came as international demand increased on India to stop purchase of Russian energy. The issue is expected to feature in talks during Japanese Prime Minister Fumio Kishida’s March 19-20 visit for the 14th India-Japan summit. In a statement issued on Friday, Australian Prime Minister Scott Morrison said, Ukraine will be in the agenda during his virtual meeting with Prime Minister Modi on March 21. The issue is expected to arise also during the visit of British Foreign Secretary Liz Truss which is likely later this month. All the three countries — Australia, Japan and the UK — have imposed sanctions on Russia.

India not violating sanctions, but Russian oil deal could place New Delhi on ‘wrong side of history’: US

The United States on Tuesday (local time) said India would not be violating US sanctions by purchasing discounted Russian oil but added that such a move would put the world’s largest democracy on the “wrong side of history”.
Asked about the reports of India considering a Russian offer to buy crude oil and other commodities at discount prices a week after the US banned all Russian energy imports, White House press secretary Jen Psaki said the Joe Biden administration’s message would be for countries to abide by US sanctions.
“I don’t believe this would be violating that, but also think about where you want to stand,” Psaki said. “When the history books are written at this moment in time, support for Russia – the Russian leadership – is support for an invasion that obviously is having a devastating impact”.
India has not condemned the invasion of Ukraine and has abstained from voting at the United Nations calling out Russia’s aggression. US officials have said in recent weeks they would like India to distance itself from Russia as much as possible, while also recognizing its heavy reliance on Moscow for everything from arms and ammunition to missiles and fighter jets.

Source: https://www.aninews.in/news/world/us/india-not-violating-sanctions-but-russian-oil-deal-could-place-new-delhi-on-wrong-side-of-history-us20220316085015/

Exit mobile version