US does not mind buying India’s oil from Russia, but White House said, when history will be written….

- Posted by One India, last updated on


What did America say?

Speaking to reporters during her press conference on Tuesday, White House Press Secretary Jen Psaki said, “Our message to any country is that we all follow the restrictions that we have imposed, which are recommended.” At the same time, when asked about a report about the possibility of India accepting the Russian offer of concessional crude, a White House spokesperson said, “I do not think it will be a violation of (sanctions).”

When history will be written…

However, the White House went on to say, “But also think about when the history books are written about this time, where do you want to stand? Support for the Russian leadership is support for an invasion, Which is clearly having disastrous effects”. Let us inform you that India does not support the Russian invasion of Ukraine. New Delhi has consistently appealed to all stakeholders to resolve differences through dialogue. However, it has Elected to abstain from voting in all UN resolutions against Russia.

US lawmakers disappointed with India

US lawmakers disappointed with India

However, Biden administration officials have shown their understanding of India’s current situation with Russia, and several Biden administration lawmakers have also said that New Delhi places a large reliance on Russian military supplies for national security. But, however, Indian-American Congressman Dr Ami Bera expressed dismay at reports that India is looking at buying Russian oil at a heavily discounted rate. He said that, “If the report is correct and India takes this decision to buy Russian oil at a discounted price, then New Delhi at this important moment in history, when Russia has attacked Ukraine and when the people of the world have condemned Ukraine.” If supported, then India will be considered as support for the deadly Russian attack. “As the world’s largest democracy and leader of the Quad, India has a responsibility to ensure that its actions do not directly or indirectly support Putin and his aggression,” Bera said in a statement.

India can buy oil from Russia

India can buy oil from Russia

According to the Daily Mail report, India, which imports 80 percent of its oil needs, usually buys only about 1 percent from Russia. But this year oil prices in India have so far increased by 40 percent and reducing oil prices is a big challenge for the Indian government, so the Indian government is considering importing crude oil from Russia at a huge discount. And the effort of the Indian government will be to bring down the domestic prices of oil by buying crude oil from Russia at a huge discount. According to the Daily Mail report, an Indian government official said that, ‘Russia is offering us oil and other commodities at huge discounts and we will be happy to take it.’ However, the Indian official did not say how much oil the Indian government would buy from Russia.

25% off India

25% off India

Business Standard newspaper quoted sources as saying that, Russian oil companies have offered to give discounts of up to 25-27 percent on the old prices of crude oil. Russian oil companies have said that ‘the offers that have been made are attractive’. But, it is not easy for India to take advantage of this offer from Russian oil companies. Whereas, after the sanctions imposed on Russia, it has not been easy for India to import oil from Russia, because due to India’s ‘neutral’ policy in Ukraine crisis, there is a lot of pressure on India and from the Indian government. Many compulsions have been spoken about buying oil from Russia.

Western countries' stand on India's decision

Western countries’ stand on India’s decision

US Assistant Secretary of Defense for Indo-Pacific Security Affairs, Eli Ratner, told a US Congressional hearing last week that India is diversifying its defense suppliers. “We recognize that India has a complex history and relationship with Russia,” he said. Most of the weapons they buy are from Russia. The good news is that they are diversifying the process of buying weapons from different countries apart from Russia, but that is going to take some time. But they are clearly committed to doing so, including indigenization of their own defense industry, and that should be supported by us. British Foreign Minister Liz Truss also said last week that London needed to pursue closer economic and defense ties with India to help reduce its dependence on Russia.





comments on this post so far:

Get in touch

    Side bar