America is aware of India’s situation
Addressing the Indian community in Bangkok, Jaishankar discussed the rise in energy prices worldwide due to the Russia-Ukraine war and said that we are very open and honest about our interests. I have a country with a per capita income of 2000 US dollars. These are not the people who can afford high energy prices. It is my moral duty to ensure the best deal. S Jaishankar said that the rest of the countries, including the US, are well aware of this situation of India and they will support India ignoring the deadlock on this matter.
Every country takes care of the interests of its citizens
The foreign minister said that at present the prices of crude oil and gas around the world are at a very high level without any concrete reason. European countries that used to buy oil and gas from Russia are now buying from countries that were India’s traditional suppliers. That is, every country takes care of the interests of its citizens. Jaishankar said that in the coming time the western countries will understand this and may not welcome this step of India but they will accept that India has taken the right step for its citizens.
India has increased oil imports from Russia
Let us tell you that Russia has never been a major supplier of oil to India. After the surge in oil prices due to the Ukraine crisis, Russia has increased the purchase of oil from India, Russia many times. In fact, Russia is supplying oil to India at a very low price and on very easy terms. These prices are being given at 15-30 dollars per barrel less than the market price. Due to this, India has increased the import of oil. Although the US and European countries are constantly pressuring India to stop buying oil from Russia, India has made it clear that buying oil at cheap rates is its priority for now.
The decision has been defended
It is worth noting that in the past too, the foreign minister has come to public forums to defend India’s decision to import oil from Russia. Earlier, Jaishankar had responded to unfair criticism of Indian oil purchases from Russia at GlobSec 2022 in Slovakia in June. The Foreign Minister asked why questions are being raised only on India? While Europe continues to import gas from Russia in the midst of war.