• Latest
  • Trending
  • All
  • Sport
  • Cricket
  • Odisha
US Continues To Do Trade With Russia While Criticising India For Doing So: MEA

US Continues To Do Trade With Russia While Criticising India For Doing So: MEA

1 month ago
Bigg Boss 19: Farah Khan Calls Kunickaa ‘Control Freak,’ Schools Nehal & Basheer For Their Behaviour

Bigg Boss 19: Farah Khan Calls Kunickaa ‘Control Freak,’ Schools Nehal & Basheer For Their Behaviour

3 hours ago
Odisha To Plant 75 Lakh Saplings On Sept 17 To Celebrate PM Modi’s Birthday: CM Majhi

Odisha To Plant 75 Lakh Saplings On Sept 17 To Celebrate PM Modi’s Birthday: CM Majhi

3 hours ago
Justice Krishna Shripad Dixit

SOA Lecture: Respect For Rule Of Law Key To Safeguarding Constitution, Says Justice Dixit

3 hours ago
Odisha Man Barred From Filing RTI Application For One Year; Know Why

Odisha Man Barred From Filing RTI Application For One Year; Know Why

3 hours ago
Donald Trump

Trump Threatens 50-100% Tariffs On China, Demands NATO Members Stop Buying Russian Oil

3 hours ago
Did Aamir Khan Say His Cameo In Rajinikanth’s ‘Coolie’ Was ‘Purposeless’? Actor’s Team Issues Clarification

Did Aamir Khan Say His Cameo In Rajinikanth’s ‘Coolie’ Was ‘Purposeless’? Actor’s Team Issues Clarification

4 hours ago
Woman, Two Men Tied To Pole, Thrashed In Odisha Village Over Suspected Affair

Woman, Two Men Tied To Pole, Thrashed In Odisha Village Over Suspected Affair

4 hours ago
OPTL player draft

Odisha Pro T20 League: Check Out 16-Member Squads Of All 6 Teams; Who Are You Backing?

4 hours ago
‘No Clearance Granted’: PIB Dismisses Reports Of ‘Aabeer Gulaal’ Release In India

‘No Clearance Granted’: PIB Dismisses Reports Of ‘Aabeer Gulaal’ Release In India

5 hours ago
AIIMS-Bhubaneswar To Introduce ‘Never Alone’ App To Help Students Tackle Stress

AIIMS-Bhubaneswar To Introduce ‘Never Alone’ App To Help Students Tackle Stress

5 hours ago
FIR Against Congress Over AI-Generated Video Allegedly Mocking PM Modi & His Mother

FIR Against Congress Over AI-Generated Video Allegedly Mocking PM Modi & His Mother

5 hours ago
66 Lucky Consumers Rewarded By TPCODL In Odisha’s Nayagarh

66 Lucky Consumers Rewarded By TPCODL In Odisha’s Nayagarh

5 hours ago
  • Home
  • About us
  • Career
  • Contact
  • Privacy Policy
  • Terms of Usage
Sunday, September 14, 2025
No Result
View All Result
OdishaBytes
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review
No Result
View All Result
OdishaBytes
No Result
View All Result
Home India

US Continues To Do Trade With Russia While Criticising India For Doing So: MEA

by OB Bureau
August 5, 2025
in India
Reading Time: 2 mins read
US Continues To Do Trade With Russia While Criticising India For Doing So: MEA

Oplus_131072

491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

New Delhi: India has called US and European Union (EU) criticism of its trade with Russia ‘unjustified and unreasonable’. The Ministry of External Affairs (MEA) has said that crude imports from Russia are driven by need and are intended to keep energy costs predictable and affordable for Indian customers.

In a statement, the MEA clarified that India will take all necessary steps to protect its national interests and economic security. New Delhi’s energy imports are a sovereign decision driven by national interest and market realities, it emphasised.

ADVERTISEMENT

“The targeting of India is unjustified and unreasonable. Like any major economy, India will take all necessary measures to safeguard its national interests and economic security. India has been targeted by the United States and the European Union for importing oil from Russia after the commencement of the Ukraine conflict. In fact, India began importing from Russia because traditional supplies were diverted to Europe after the outbreak of the conflict. The United States at that time actively encouraged such imports by India for strengthening global energy market stability,” it added.

India sources crude oil from approximately 41 countries. Russia accounts for around 30–35 per cent of that supply, followed by Iraq at about 15 per cent. Other key suppliers include Saudi Arabia, the UAE, the US, and Kuwait, each contributing between 5–8 per cent, with smaller shares coming from other nations. The pivot to Russian oil was not ideological but economic — it was cheaper, offered deep discounts, and was available under a $60 per barrel price cap, which made sense for domestic energy security.

The MEA further noted that the EU had a bilateral trade of EUR67.5 billion in goods and EUR17.2 billion in services with Russia in 2023, significantly more than India’s total trade with Russia. The EU’s LNG imports from Russia reached a record 16.5 million tonnes in 2024.

The US also continues to import uranium hexafluoride for its nuclear industry, palladium for its electric vehicle industry, fertilisers, and chemicals from Russia, the MEA release stated.

India’s energy import strategy prioritises energy security and affordability. It has diversified its energy imports, increasing reliance on countries like Russia to meet its growing energy demands.

The MEA’s response came after US president Donald Trump accused India of buying “massive amounts” of Russian oil and reselling it for profit, claiming that this undermined efforts to end the Ukraine conflict and, as a result, he would “substantially raise the tariff paid by India to the USA”.

“India’s imports are meant to ensure predictable and affordable energy costs to the Indian consumer. They are a necessity compelled by the global market situation. However, it is revealing that the very nations criticising India are themselves indulging in trade with Russia. Unlike our case, such trade is not even a vital national compulsion,” the MEA stated.

Share196Tweet123
ADVERTISEMENT
OB Bureau

OB Bureau

Related Posts

Navy Adds Greater Punch To Anti-Submarine Capability, Takes Delivery Of Second ASW SWC

Navy Adds Greater Punch To Anti-Submarine Capability, Takes Delivery Of Second ASW SWC

by OB Bureau
September 13, 2025

Kolkata (September 13, 2025): Garden Reach Shipbuilders and Engineers (GRSE) Ltd delivered INS Androth, second in a series of eight...

Taj Palace bomb threat

Now, Delhi’s Taj Palace & Max Hospitals Receive Bomb Threats; Kerala Temples Targeted Too; Is There A Link?

by OB Bureau
September 13, 2025

New Delhi: A day after proceedings were disrupted in the Delhi High Court and Bombay High Court after emails were received...

Odisha Super Cyclone Heroes Help Reunite Mentally Challenged Youth With Family

Odisha Super Cyclone Heroes Help Reunite Mentally Challenged Youth With Family

by OB Bureau
September 13, 2025

Kolkata (September 12, 2025): A mentally challenged youth, who crossed over to Bangladesh inadvertently nearly two years ago, was reunited...

Rahul gandhi in Junagadh

Did Congress Supporters Play Pakistani Song To Welcome Rahul Gandhi In Gujarat? Viral Video Sparks Controversy

by OB Bureau
September 13, 2025

Ahmedabad: Rahul Gandhi is never far away from a controversy. In the latest row, triggered by a viral video, Rahul and...

OdishaBytes

Copyright © 2025 Frontier Media

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact
  • News Feed

Follow Us

No Result
View All Result
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review

Copyright © 2025 Frontier Media