S Jaishankar Fires Back at US on Russian Oil Purchase, Explains India’s Strategic Move

During Finland visit, External Affairs Minister clarified India bought Russian oil for price stability and supply security, countering Western criticism

External Affairs Minister S Jaishankar addressed Western criticism regarding India’s Russian oil purchase during his Finland visit. He clarified that in 2022, when the Ukraine war erupted, the United States requested India to buy Russian oil. This step aimed to stabilize the global oil market and prevent drastic price surges.

India’s Decision Driven by Market Realities

At an event in Kultaranta, Finland, S Jaishankar emphasized that India’s decision was dictated by market realities. The minister stated that Russia supplied a large portion of available oil at that time, compelling India to act to maintain its energy requirements.

Addressing Accusations of Favoritism

A journalist asked whether India showed favoritism towards Russia, questioning the strategic reasoning. S Jaishankar responded that India purchases oil based on pricing and availability. He highlighted that energy security and economic interests remain the primary drivers of India’s oil procurement policies.

Limited Alternatives and Practical Necessity

He further noted that European nations largely relied on Middle Eastern oil during that period, leaving limited options for India. Consequently, Russian oil emerged as the most practical alternative to meet the country’s immediate energy needs.

Strategic and Pragmatic Approach

In conclusion, S Jaishankar asserted that India’s Russian oil imports were not a matter of geopolitical bias, but a pragmatic response to global supply constraints and domestic energy requirements. The minister’s statement reinforces India’s focus on securing stable, affordable energy supplies amid complex international developments.