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‘India buys oil from Russia for its development, not to help us’: Russian envoy Alipov

From Hindustan Times · () English

Summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Context piece
  • Russian Ambassador Denis Alipov said India buys Russian oil for its own development, not to support Moscow.
  • He said Russia was ready to supply India with as much oil as it needed and criticized Western tariffs and sanctions as pressure tactics.
  • India’s Russian crude purchases rose after 2022, leaving it exposed to possible further US tariffs.

India is buying Russian oil for its own development, not to help Moscow, Russian Ambassador Denis Alipov said in remarks to Indian media.

“India does not buy Russian oil for the sake of helping Russia. It is buying oil for itself and its own national development,” Alipov told DD News.

India does not buy Russian oil for the sake of helping Russia. It is buying oil for itself and its own national development.

· Denis AlipovThe Russian ambassador explained India’s reason for purchasing Russian crude.

The ambassador said Moscow remained committed to meeting New Delhi’s energy needs and was prepared to supply “as much oil as India needs.” He criticized Western sanctions and tariffs on countries that buy Russian crude, describing them as pressure tactics rather than honest competition.

“Unfortunately, those who impose sanctions and tariffs have taken the path of pressure tactics instead of honest cooperation, which prevents those countries from offering a better deal to India in oil than us,” Alipov said, according to ANI.

India does not buy Russian oil for the sake of helping Russia. It is buying oil for itself and its own national development.

· Denis AlipovThe Russian ambassador explained India’s reason for purchasing Russian crude.

India’s purchases of Russian crude surged after 2022, following price caps imposed by the G7 and European Union on Russian energy. The United States previously imposed tariffs on Indian goods over those purchases, including a 25% duty last year. Washington withdrew that measure in February after the two countries reached a framework for an interim trade agreement, but the threat of further tariffs remains.

India has shown that it’s able to stand its ground and defend its national interests.

· Denis AlipovAlipov praised India’s position on its energy and oil-trade interests.

A bill introduced in the US Senate proposes tariffs of up to 100% on goods from the five largest importers of Russian crude. India is currently the second-largest buyer of Russian oil.

Alipov said India had previously “shown that it’s able to stand its ground and defend its national interests.” External Affairs Minister S. Jaishankar separately said this week that buying or not buying Russian oil would not resolve the Russia-Ukraine crisis, while emphasizing the challenge of supplying energy to 1.4 billion people.

As much oil as India needs

· Denis AlipovAlipov said Moscow was ready to supply India.
About this summary

Originally published by Hindustan Times. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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