Kremlin Defends India's Russian Oil Acquisition: Sovereign Right to Choose Trading Partners Amid Global Scrutiny.
  • 512 views
  • 2 min read

The Kremlin has asserted that sovereign countries have the right to choose their trading partners, following criticism and tariff threats directed at India for its continued import of Russian oil. This statement comes amid increasing pressure from the United States, with former President Donald Trump threatening to "substantially" raise tariffs on Indian goods due to the country's oil trade with Russia.

Kremlin spokesman Dmitry Peskov told reporters that attempts to force countries to sever trade relations with Russia are illegitimate. He emphasized that sovereign nations possess the right to select their own trade partners and forms of economic cooperation based on their national interests.

India's Ministry of External Affairs (MEA) has responded to the criticism, stating that India's oil imports from Russia are driven by market realities and are necessary to ensure affordable energy costs for Indian consumers. The MEA also pointed out that many of the nations criticizing India continue to engage in trade with Russia themselves.

India has become a major importer of Russian crude oil since Moscow's invasion of Ukraine in February 2022. Western sanctions led Russia to offer deep discounts on its oil, making it an attractive option for India. India's import of Russian oil has helped New Delhi manage inflation and cut import bills. In the first half of 2025, Indian refiners imported approximately 1.75 million barrels per day of Russian oil. This accounts for over 35% of India's total crude imports.

However, this trade relationship has faced increasing scrutiny from the West, particularly the United States. Trump has accused India of profiting from the situation by buying Russian oil and selling it on the open market. He has also expressed concerns that India's purchases are indirectly funding Russia's war in Ukraine.

Despite these concerns, India has maintained that its relationship with Russia is "steady and time-tested". Indian government sources have indicated that they will continue purchasing oil from Russia, citing long-term contracts and the role these imports play in maintaining global energy stability. They also noted that Russian crude is not subject to direct sanctions and that India is buying it below the price cap fixed by the European Union.

Furthermore, India has accused the West of double standards, highlighting that the European Union and the United States continue to trade with Russia in various sectors, including energy, fertilizers, and critical commodities. The MEA stressed that India's total trade with Russia remains modest compared to that of Western powers. In 2024, the European Union recorded bilateral trade in goods with Russia worth €67.5 billion ($73.4 billion), while services trade in 2023 amounted to €17.2 billion ($18.7 billion).

The ongoing debate over India's Russian oil imports underscores the complex geopolitical landscape and the challenges countries face in balancing their economic interests with international pressure. While the West aims to isolate Russia through sanctions, countries like India prioritize their energy security and economic stability, leading to divergent approaches.


Writer - Krishnan Patel
Krishnan Patel is a promising journalist, bringing a fresh perspective and a dedication to impactful storytelling, alongside a passion for sports. With a recent Journalism degree, Krishnan is particularly keen on exploring socio-political issues and economic developments. He's committed to thorough research and crafting narratives that inform and engage readers, aiming to contribute meaningful insights to current media discourse, all while staying connected to his love for sports.
Advertisement

Latest Post


World  |  Aug 05, 2025
In a recent escalation of trade tensions, former U. S. President Donald Trump has asserted that India is "not a good trading partner," signaling his intent to raise tariffs on Indian imports. This announcement, made publically, suggests that the tarif...

Entertainment  |  Aug 05, 2025
Shrutika Arjun, a multifaceted personality known for her roles as an actress, television personality, and entrepreneur, has captured the attention of audiences through various avenues of the entertainment industry. After a hiatus from acting, fans ar...

Technology  |  Aug 05, 2025
Galaxy Digital, a prominent digital asset and infrastructure firm founded by Mike Novogratz, has announced a significant financial turnaround, posting a $30. 7 million profit in the second quarter of 2025. This positive result marks a stark contrast t...

World  |  Aug 05, 2025
India's relationship with the United States, while currently strong, has a history punctuated by periods of tension and "bullying". The present-day scenario, with the U. S. imposing sanctions on Indian companies involved in trade with Iran and Russia,...

Advertisement
World  |  Aug 05, 2025
The relocation of Mahadevi, a 36-year-old female elephant, from a Kolhapur mutt in Maharashtra to a Jamnagar-based animal welfare facility run by the Radhe Krishna Elephant Welfare Trust (RKTEWT) under the Vantara initiative, has stirred significant ...

Entertainment  |  Aug 05, 2025
The makers of the animated mythological film *Mahavatar Narsimha* have issued a clarification regarding the film's Over-The-Top (OTT) release, stating that no deal has been finalized yet. This announcement comes amidst rumors and speculation about th...

Sports  |  Aug 05, 2025
Tonight, the Los Angeles Sparks (12-15) are set to host the Indiana Fever (17-12) in a WNBA inter-conference matchup at Crypto. com Arena. This marks the third time these two teams have met this season, with the Sparks having won both previous encount...

Politics  |  Aug 05, 2025
Prime Minister Narendra Modi has recently intensified his criticism of the Congress party, particularly concerning its approach to alliances and national security matters. Modi accused Congress of a "use and throw" policy towards its allies, highligh...

Advertisement
About   •   Terms   •   Privacy
© 2025 DailyDigest360