Kremlin Vows Reliable Oil Flows to India, Says Routes Exist Around Sanctions
New Delhi says private buyers will act on market prices and the need to keep energy affordable for 1.4 billion people.
Overview
- Following Putin–Modi talks in New Delhi, Dmitry Peskov said India is sovereign in choosing energy suppliers and will act to protect its economic interests.
- Vladimir Putin told reporters Russia will remain a dependable energy supplier to India despite external pressures.
- Kremlin economic aide Maxim Oreshkin said Moscow has long experience working around sanctions and can keep crude flowing if India wants to buy.
- India’s Foreign Ministry said oil purchases reflect national interests and global market dynamics, with private firms making commercial decisions.
- The United States levied new tariffs on India in August over Russian oil trade, which India called unfair, and reports say India has been reducing the share of Russian crude in its imports.