India's Unwavering Oil Strategy Amid U.S. Sanctions
India continues to import Russian oil regardless of U.S. sanctions waivers, as confirmed by Sujata Sharma from the petroleum ministry. The decision is driven by commercial considerations rather than external pressures, ensuring a stable supply of crude oil for the country.
India has maintained its oil imports from Russia, undeterred by U.S. sanctions waivers, according to Sujata Sharma, a joint secretary in the petroleum ministry, who addressed the media on Monday.
Sharma clarified that India's decision to purchase Russian oil predates and persists through the waiver period, emphasizing that commercial logic dictates these purchases.
She reassured that India's oil supply remains stable, with adequate crude reserves secured to meet demand, independent of the presence or absence of international waivers.
(With inputs from agencies.)
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