India will continue to source energy from a broad mix of suppliers and diversify imports as needed to keep supplies reliable and prices affordable, Foreign Secretary Vikram Misri said on Monday, as questions grow over New Delhi\u2019s purchases of Russian crude.<\/p>\n\n\n\n
Speaking at a media briefing in New Delhi, Misri said India\u2019s priority is ensuring \u201cadequate energy at the right price through reliable and secure supplies,\u201d adding that national interest and objective market conditions guide procurement decisions.<\/p>\n\n\n\n
The remarks came after US President Donald Trump said last week that India had \u201ccommitted to stop directly or indirectly\u201d importing Russian oil, a claim New Delhi has not publicly endorsed.<\/p>\n\n\n\n
Misri said India does not rely on a single source for crude imports and does not intend to, describing India\u2019s approach as maintaining a \u201cmix of sources\u201d that shifts with market conditions. He said consumer interests\u2014availability, pricing and dependability\u2014remain central to decisions taken by the government and domestic energy companies.<\/p>\n\n\n\n
Data in India\u2019s Economic Survey has also pointed to a reduction in Russian oil purchases, echoing comments by US Treasury Secretary Scott Bessent that Indian refiners\u2019 buying from Russia has fallen sharply in recent months.<\/p>\n\n\n\n
The debate over Russian crude has unfolded alongside fast-moving trade diplomacy between India and the United States. Trump recently issued an executive order lifting a 25% punitive tariff on Indian imports that had been linked to India\u2019s continued buying of Russian oil, according to the White House order and a separate report by Reuters.<\/p>\n\n\n\n
Misri\u2019s comments did not announce a specific change in purchasing policy, but reinforced that India\u2019s sourcing decisions are guided by energy security and market realities rather than a single external demand.<\/p>\n\n\n\n
Russia has publicly played down the significance of India\u2019s diversification messaging, with Kremlin spokesman Dmitry Peskov saying it saw \u201cnothing new\u201d in India\u2019s approach because New Delhi has historically bought oil from multiple countries.<\/p>\n\n\n\n
Recent trading activity has also highlighted India\u2019s search for alternative barrels, including purchases of Venezuelan crude by state refiners, reflecting a wider effort to widen supply options as sanctions and trade negotiations reshape the market.<\/p>","protected":false},"excerpt":{"rendered":"
India will continue to source energy from a broad mix of suppliers and diversify imports as needed to keep supplies reliable and prices affordable, Foreign Secretary Vikram Misri said on Monday, as questions grow over New Delhi\u2019s purchases of Russian crude. Speaking at a media briefing in New Delhi, Misri said India\u2019s priority is ensuring… <\/p>","protected":false},"author":3,"featured_media":489,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[29],"tags":[],"class_list":["post-488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-29"],"yoast_head":"\n