India will continue to rely on a diversified mix of energy sources to ensure stable and affordable supplies for its consumers, Foreign Secretary Vikram Misri said, underscoring New Delhi’s focus on energy security and market-driven decisions.
India, heavily dependent on oil imports, has boosted buying of discounted Russian crude to cut costs, easing its import bill but drawing Western scrutiny over sanctions on Moscow.
Speaking at a media briefing, Misri addressed questions over India’s purchases of Russian oil following remarks by US President Donald Trump, who said last week that India had committed to ending direct or indirect imports from Russia.
Misri said India’s energy policy is guided by the need to secure adequate supplies at reasonable prices while maintaining reliability. He stressed that the country does not depend on any single supplier for crude oil and has no intention of doing so, noting that imports are sourced from a range of countries based on objective market conditions.
National interest remains the primary consideration for both the government and Indian energy companies when making procurement decisions, Misri added.
Trump signed an executive order removing a punitive 25% tariff on all imports from India that had been imposed in response to New Delhi’s purchases of Russian oil.