India slams U.S., EU over Russian oil trade criticism

AWANI

India has dismissed US and EU criticism of its Russian oil imports, calling it hypocritical and defending the purchases as essential for energy security and national interests.

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00:00Welcome back. India has rejected United States and European Union criticism over its Russian oil imports,

00:07calling the focus on its trade post-Ukraine conflict unjustified and unreasonable.

00:13Therefore, it will continue to take all necessary steps to protect its national interests and economic security as any major economy would.

00:21However, India gave no details on next steps but said its trade decisions are guided by economic self-interest,

00:30especially during global instability and geopolitical uncertainty.

00:35After the Ukraine war began, India became a key buyer of Russian oil,

00:39offering Moscow a crucial market after Europe sharply reduced its purchases.

00:44This move allowed India to cut energy costs significantly,

00:47while ensuring Russia's oil revenue continued through sustained demand from a new and willing partner.

00:54India explained it turned to Russian oil only after traditional suppliers redirected shipments to Europe,

01:00forcing India to seek alternative energy sources urgently.

01:04It also reminded critics that at the time, the United States encouraged India's Russian oil imports

01:09to stabilise disrupted global energy markets.

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