India will not yield to external pressure regarding its crude oil procurement, including imports from Russia, senior government officials have confirmed, reinforcing the country’s commitment to energy security and economic independence.

Amid rising global scrutiny and threats of penalties from the United States over continued Russian oil imports, officials from the Ministry of Petroleum and Natural Gas said Oil Marketing Companies (OMCs) will continue making decisions based solely on commercial interests. “There is no government interference. Both public and private oil companies operate independently and choose suppliers based on market dynamics,” a senior official stated.

India has strategically diversified its crude oil sourcing, now importing from more than 40 countries, thereby minimizing reliance on any one region. Officials assured that there is no risk to domestic fuel supply and that consumer interests remain protected.

This stance aligns with India’s larger geopolitical approach — balancing strategic autonomy with economic pragmatism in a shifting global energy landscape.

On the economic front, officials dismissed concerns over the recently imposed US tariffs, asserting that the impact on India’s GDP will be minimal — estimated at less than 0.2%. “Most Indian exports to the US remain unaffected. The effect on overall trade will be limited and manageable,” an official said.

India also reaffirmed its firm position on key domestic sectors including agriculture, dairy, genetically modified crops, and MSMEs. “We will not compromise on national interests. Our farmers and small businesses will be protected,” the official emphasised.

Ongoing trade negotiations with the US continue to make headway, with discussions underway for a potential Bilateral Trade Agreement (BTA). A comprehensive tariff review is expected as part of the final deal.

India remains committed to its sovereign economic choices while maintaining productive international partnerships.

India will not yield to external pressure regarding its crude oil procurement, including imports from Russia, senior government officials have confirmed, reinforcing the country’s commitment to energy security and economic independence.

Amid rising global scrutiny and threats of penalties from the United States over continued Russian oil imports, officials from the Ministry of Petroleum and Natural Gas said Oil Marketing Companies (OMCs) will continue making decisions based solely on commercial interests. “There is no government interference. Both public and private oil companies operate independently and choose suppliers based on market dynamics,” a senior official stated.

India has strategically diversified its crude oil sourcing, now importing from more than 40 countries, thereby minimizing reliance on any one region. Officials assured that there is no risk to domestic fuel supply and that consumer interests remain protected.

This stance aligns with India’s larger geopolitical approach — balancing strategic autonomy with economic pragmatism in a shifting global energy landscape.

On the economic front, officials dismissed concerns over the recently imposed US tariffs, asserting that the impact on India’s GDP will be minimal — estimated at less than 0.2%. “Most Indian exports to the US remain unaffected. The effect on overall trade will be limited and manageable,” an official said.

India also reaffirmed its firm position on key domestic sectors including agriculture, dairy, genetically modified crops, and MSMEs. “We will not compromise on national interests. Our farmers and small businesses will be protected,” the official emphasised.

Ongoing trade negotiations with the US continue to make headway, with discussions underway for a potential Bilateral Trade Agreement (BTA). A comprehensive tariff review is expected as part of the final deal.

India remains committed to its sovereign economic choices while maintaining productive international partnerships.