Rubio claims India will halt Russian oil at Munich; Jaishankar cites strategic autonomy
Rubio claims India will halt Russian oil at Munich; Jaishankar cites strategic autonomy
At the Munich Security Conference, Rubio says India pledged to halt further Russian oil purchases under sanctions, while Jaishankar stresses strategic autonomy and market-driven decisions.
At the Munich Security Conference, Rubio said India had committed to halting any further purchases of Russian oil as part of the pressure to extend sanctions. Russia's Sergei Lavrov disputed the claims, accusing the US of coercion.
Jaishankar, meanwhile, emphasized that India's approach rests on "strategic autonomy," with decisions guided by "national interest" and market dynamics. He noted that India would maintain multiple sources and diversify to keep supply stable and cushion against price shocks.
The statement reflects a broader energy strategy as India remains one of the world’s largest oil importers, balancing ties with major suppliers while pursuing pragmatic diversification.
Lavrov’s response framed the dispute as a test of Western pressure on other countries to align with sanctions regimes, arguing that India should resist coercion and pursue its own interests.
The exchange underscores the delicate art of energy diplomacy in a sanctions era, where geopolitical calculations, market realities, and sovereignty considerations shape procurement decisions. Analysts say the real metrics will be timelines, volumes, and the spectrum of suppliers India secures in the months ahead.