Russian oil row: India slams US, EU | OPEN Magazine Special

India has sharply rebuked the United States and European Union for what it called “unjustified and unreasonable” criticism over its continued oil imports from Russia, asserting that such purchases are essential for national energy security and economic stability.

In a strongly worded statement issued by the official spokesperson of the Ministry of External Affairs, the government noted that India began importing Russian oil after traditional suppliers diverted shipments to Europe following the outbreak of the Ukraine conflict. At the time, the United States had “actively encouraged” these imports, the statement said.

“India’s imports are meant to ensure predictable and affordable energy costs to the Indian consumer. They are a necessity compelled by the global market situation,” the statement emphasised.

Pointing to what it described as hypocrisy among its critics, the government highlighted that both the US and EU continue to engage in substantial trade with Russia, much of it in sectors beyond energy and without the pressing national need that India faces.Citing trade data, the spokesperson noted that the European Union recorded €67.5 billion in goods trade with Russia in 2024, alongside €17.2 billion in services in 2023. European LNG imports from Russia reached a record 16.5 million tonnes in 2024 — exceeding even pre-war levels.

EU-Russia trade spans a wide range of sectors, including fertilisers, mining products, chemicals, iron and steel, machinery and transport equipment.

Disclaimer: Excerpt from " India to US, EU on Russian oil: What is good for the goose is good for the gander" , published in OPEN Magazine on August 5th, 2025.
Read the full article here: https://openthemagazine.com/feature/india-to-us-eu-on-russian-oil-what-is-good-for-the-goose-is-good-for-the-gander/