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India Vows to Protect Interests After US Russian Oil Sanctions

India Vows to Protect Interests After US Russian Oil Sanctions
India vows to protect interests, as US clears bill to punish Russian oil buyers · livemint.com

The US Congress passed a bill connected to sanctions on Russia and Iran.

The bill could punish companies or countries that buy Russian oil.

India is watching what happens next.

Indian officials have discussed the issue with US representatives.

India is concerned about its relationship with the United States.

It is also concerned about possible effects on energy prices and supplies worldwide.

India says it has clearly explained these concerns.

India has vowed to protect its own interests.

Key facts

US legislation
The United States Congress passed the Sanctioning Russia and Iran Act.
India’s response
India said it is monitoring further developments.
Diplomatic discussions
The issue has been discussed at high levels with US interlocutors in recent months.
Bilateral concern
India said the legislation could affect India-US relations.
Energy concern
India highlighted possible implications for the international energy market.
Stated position
India said it would protect its interests.

Quotes

India’s Ministry of External Affairs

India’s government ministry responsible for foreign relations

“This issue has been discussed at high levels in recent months with various US interlocutors. Its potential implications for not just the bilateral relationship but also the international energy market have been very clearly articulated by the Indian side.”
livemint.com
“India has noted the passage of the Sanctioning Russia and Iran Act in the US Congress and it is monitoring further developments on this matter.”
livemint.com

Sources

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