2 hrs ago
Russia Says It Will Supply India Oil Despite Sanctions
Russia says it is ready to keep selling oil to India.
Russian Ambassador Denis Alipov criticized Western sanctions and tariffs.
He called these measures pressure tactics rather than honest cooperation.
Some sanctions can target Indian refiners, shipping companies and banks that work with Russian oil suppliers.
India says it chooses where to buy oil based on its national interests and prices.
Russia says its oil is important for world energy markets.
Western measures are intended to reduce Russia’s oil revenue.
India is trying to protect its energy supply while following international rules.
Russian Ambassador Denis Alipov said Moscow is ready to supply India with as much oil as it needs.
Alipov criticized Western secondary sanctions and tariffs as pressure tactics against Russian oil trade.
He said India’s independent foreign policy allows it to defend its energy and national interests.
Alipov argued global energy markets cannot function effectively without Russian crude.
India says its oil procurement is guided by national interest, affordability and consumer price stability.
- Who
- Russian Ambassador Denis Alipov, Russia and India, with the United States and European Union involved through sanctions and tariffs.
- What
- Russia reaffirmed that it is ready to supply India with as much oil as India needs and criticized Western restrictions on the trade.
- Where
- The comments were made in New Delhi, concerning oil supplies between Russia and India and global energy markets.
- When
- The remarks were made amid expanding Western secondary sanctions and heightened regulatory scrutiny of Russian oil trade.
- Why
- Russia wants to maintain oil exports to India, while Western measures seek to restrict Russian oil revenue and dealings with major Russian energy providers.
Western Sanctions Approach
Russian and Indian Energy Position
Purpose of restrictions
Western Sanctions Approach
The United States and European Union are expanding measures intended to restrict Russian oil revenue and discourage third-country dealings with major Russian energy providers.
Russian and Indian Energy Position
Denis Alipov said sanctions and tariffs are punitive pressure tactics that disrupt mutually beneficial oil cooperation.
Effect on energy markets
Western Sanctions Approach
Western measures seek to limit Russia’s price-competitive position in global oil markets.
Russian and Indian Energy Position
Alipov argued that global energy markets cannot function effectively without Russian crude and that Russian oil will remain available to India and other countries.
India’s purchasing decisions
Western Sanctions Approach
Secondary sanctions may threaten Indian refiners, shipping lines and banks with financial blacklisting, restricted banking access or tariffs.
Russian and Indian Energy Position
India maintains that its procurement strategy is based on national interest, affordable markets and stable consumer prices, while balancing energy needs with regulatory compliance.
Key facts
- Russian position
- Russia says it is ready to supply India with as much oil as India needs.
- Official quoted
- Denis Alipov, Russia’s ambassador to India.
- Measures criticized
- Western secondary sanctions and tariffs targeting Russian oil trade.
- Potentially affected entities
- Indian refiners, shipping lines and banks facilitating transactions with major Russian energy providers.
- India’s stated priorities
- National interest, market affordability and consumer price stability.
- Western objective
- The measures aim to restrict Russian oil revenue.
- Market argument
- Alipov said global energy markets cannot afford to exclude Russian oil.
Quotes
Denis Alipov
Russian Ambassador to India
“We would be ready to supply as much oil as India needs. Unfortunately, those who impose sanctions and tariffs have taken the path of pressure tactics instead of honest cooperation, which prevents those countries from offering a better deal to India in oil than us.”
deccanchronicle.com
“The world will not cope if Russian oil is excluded. The energy markets cannot afford that. Russian oil will stay in the market for India and other countries. We are interested in supplying oil to India. India is interested in buying that oil.”
deccanchronicle.com
Sources
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