By As the US considers imposing new energy sanctions, India is walking a tightrope to maintain its relationships with both Washington and global oil suppliers. India’s Oil Minister, Hardeep Singh Puri, has reiterated the country’s commitment to international rules while emphasizing the need for energy security.
“India’s energy strategy is guided by the principles of diversification and compliance,” Puri said during a recent industry event. “We value our partnerships with all nations, including the US, but our primary responsibility is to ensure affordable and reliable energy for our citizens.”
The potential US sanctions, aimed at curbing oil exports from certain countries, have created uncertainty in global markets. India, a major importer of crude oil, has been diversifying its sources to include Russia, the Middle East, and Africa. This approach has helped the country navigate previous sanctions and price fluctuations.
Analysts believe India’s balanced diplomacy could serve as a model for other nations. “India has managed to maintain strong ties with the US while securing energy from diverse sources,” said Priya Mehta, a geopolitical analyst. “This delicate balancing act is crucial in today’s interconnected world.”
As the global energy landscape shifts, India’s ability to adapt and innovate will be key to its continued growth and stability.