Top Searches
Advertisement

India Rebukes NATO’s Oil Sanctions Threat, Reaffirms Market-Driven Energy Policy

Updated: July 17, 2025 16:33

Image Source : News24
India’s Foreign Ministry has responded strongly to NATO Secretary General Mark Rutte’s warning over Russian oil imports, asserting that its energy decisions are guided by market availability and national interest.
 
Key Highlights:
  • Rutte cautioned India, China, and Brazil of 100 percent secondary sanctions if they continue trading with Russia.
  • India emphasized its oil purchases are based on affordability and availability, not geopolitical pressure.
Official Responses:
  • Oil Minister Hardeep Singh Puri stated India is prepared to manage any disruption, citing diversification from 27 to 40 supplier countries.
  • Indian Oil Corp Chairman A.S. Sahney confirmed contingency plans to revert to preUkraine sourcing patterns if needed.
Strategic Context:
  • Russia remains India’s top oil supplier, accounting for nearly 35 percent of total imports.
  • India criticized NATO’s double standards, noting that several European nations still import Russian energy.
Sources: Economic Times, India Today, Business Today, Reuters, WION, The Hans India.

Advertisement

STORIES YOU MAY LIKE

Image Source: BW Marketing World
Sanghi Meets Ambuja: NSE’s Go-Ahead Sets Stage for Cement Industry Shakeup
Image Source: Business Standard
Bijoy Hans Ltd’s Compliance Clock Strikes Late: SEBI Warning Marks Wake-Up Call
Image Source: Pharmawisdom
Ind-Swift Power Play: NCLT Seals Mega Pharma Merger, Ushering New Era of Innovation!
Advertisement
Image Source: Deccan Chronicle
Afcons’ Croatian Contract Coup: Steering Ahead with €455 Million in Road Projects
Image Source: Stanley Lifestyle
CFO Checkout at Stanley Lifestyles: What’s Next for the Billion-Dollar Brand?
Image Source: The Financial Express
Profit Dips, But CEAT Shifts Gears with Massive Capacity Expansion and Leadership Continuity
Image Source : The Economic Times
Bombay High Court Rejects Indian Couple’s Plea To Adopt US Citizen Relative
Advertisement
Live Blogs
SBI Tags RCom Loan as Fraud, Puts Anil Ambani in RBI Crosshairs
Thrill-Seekers Assemble: APTDC Flooded with 130 Adventure Tourism Applications
Level Unlocked: Good Game Becomes World’s First As-Live Global Gaming Reality Show
From Devotion to Dynamite: Ganesh’s Mighty Avatar Steals the Show in Yours Sincerely, Raam
Top Stories
Image Source: Goodreturns
Charging Up Trade Wars: US Solar Manufacturers Call for Massive Tariffs on Indian & Southeast Asian Panels
Image Source: Business Standard
Veranda Learning’s QIP Takes Off: Floor Price Set, Growth Strategy Accelerates!
Image Source: IPO Watch
Smart Moves at Tracxn: Buyback Price Hiked, Maximum Shares Pruned
Image Source: LinkedIn
AI Meets Infrastructure – Magellanic Cloud's Subsidiary Provigil Surveillance Lights Up Toll Plazas and Schools Across India
Advertisement
Advertisement

Follow WOWNEWS 24x7 on:

Copyright 2024 WOWNEWS 24x7. All rights reserved. The WOWNEWS 24x7 is not responsible for the content of external sites. Read about our approach to external linking.

Powered By Just Imagine