US understands India's oil deal with Russia

US understands Indias oil deal with Russia
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US President Joe Biden's spokesperson Jen Psaki

Highlights

The US may show understanding of India's plans to buy discounted oil for economic reasons from Russia, US President Joe Biden's spokesperson Jen Psaki has indicated.

New York: The US may show understanding of India's plans to buy discounted oil for economic reasons from Russia, US President Joe Biden's spokesperson Jen Psaki has indicated.

Asked at her daily briefing on Friday about "largest democracy" India buying oil from Moscow, she said that while the US has banned Russian oil import, "every country has not made that decision. And we recognise that and they have different economic reasoning as to why different countries do including some in Europe".

She said that US official have been in touch "with Indian leaders at a range of levels" but Biden has himself not reached out to them on the issue. A senior-level US delegation headed by Under Secretary for Political Affairs Victoria Nuland is starting a South Asia tour from Saturday during which it is scheduled to hold meetings with Indian officials.

"What we would project or convey to anyone around the world is that the world, the rest of the world, is watching where you're going to stand as it relates to conflict, whether its support for Russia in any form," she said. Psaki had said at her briefing on Tuesday that India would not be violating US sanctions if it imported oil from Russia. While some major Russian petroleum companies have been put under US sanctions, Washington has not banned the buying of oil, gas or coal because of the devastating impact that would have on its close European allies that depend on Moscow for a sizable part of their energy needs. Because of the impact of soaring oil prices on the economy, India's Petroleum Minister Hardeep Singh Puri has said that "discussions are underway" for buying oil from Russia, but "there are several issues to be gone into like how much oil is available", as well as payment for it and transportation.

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