India Denies Reports of Stopping Russian Oil Imports

India Denies Reports of Stopping Russian Oil Imports
Source: www.deccanchronicle.com

India Rejects Claim It Will Halt Russian Oil Imports

India has firmly rejected media reports claiming it plans to halt crude oil imports from Russia, calling such statements inaccurate and misleading. Government officials clarified that India’s energy decisions are guided purely by national interest, market conditions, and global availability rather than political pressure. Since the Ukraine conflict began, India has increased purchases of discounted Russian crude to protect domestic fuel prices and ensure energy security for its growing economy. Authorities emphasized that India maintains balanced relationships with global partners while preserving strategic autonomy in foreign and economic policy. The government also highlighted that energy sourcing remains diversified, with imports coming from multiple countries to reduce risk. Officials stressed that speculative reports harm market stability and ignore India’s consistent stance on independent decision-making. India reiterated its commitment to affordable energy, economic stability, and long-term supply security amid global uncertainty.

The Key points

  • India dismissed claims of stopping Russian oil imports.
  • Officials called the reports speculative and misleading.
  • Energy decisions are based on national interest.
  • Russia remains a key crude oil supplier to India.
  • Discounted Russian oil helps control fuel prices.
  • India follows a diversified energy import strategy.
  • Government stressed strategic autonomy in policymaking.
  • No external pressure influences oil purchase decisions.
  • Affordable energy is vital for economic stability.
  • India aims to ensure long-term energy security.
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