India won't be pressured by US into reducing Russian oil imports, says envoy
Summary
India's ambassador to Russia said the country will keep buying oil from wherever it offers the best price to protect its large population. This statement comes amid new U.S. tariffs on India for purchasing Russian oil, which the U.S. argues funds the Ukraine conflict. India denies this and asserts its right to make independent trade decisions.Key Facts
- India increased its imports of Russian oil since the Ukraine war began.
- The U.S. plans to impose tariffs on India due to its purchase of Russian oil.
- Russian oil represented 35-40% of India's imports in 2024, up from 3% in 2021.
- India argues its oil trade is based on market needs and energy security.
- The U.S. accuses India of funding the Ukraine war by buying Russian oil, but India denies this.
- India seeks strategic autonomy in its decision-making and does not intend to be influenced by the U.S.
- India maintains friendly relations with both Ukraine and Russia and calls for peaceful solutions.
- U.S. Vice-President JD Vance supports using economic pressure to stop the war in Ukraine.
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