‘No Double Standards On Energy Trade’: India On Latest EU Sanctions Package Against Russia | India News
Yeni Delhi: Hours after the European Union (EU) agreement with Russia on the occupation of Ukraine on the 18th round of sanctions, India said that on Friday, India did not subscribe to any unilateral sanction measures and should not be “double standards”, especially when it comes to energy trade. “We paid attention to the latest sanctions announced by the European Union. We are not subscribing to unilateral sanctions measures. He said.
“The Indian government sees the provision of energy safety as the greatest responsibility to meet the basic needs of its citizens. Especially when it comes to energy trade, we will emphasize that the double should not be standard.”
According to the EU, the 18th Russian sanction package focuses on five building blocks: cutting Russia’s energy revenues, hitting Russia’s banking sector, weakening the military-industrial complex further, strengthening anti-Circumvention measures and keeping Russia responsible for crimes against Ukrainian children and cultural heritage.
“With this package, the number of ships listed in Russia’s shadow fleet reaches a total of 444 ships and the number of individual lists exceeds 2,500. This package includes new sanctions against Belarus.”
On Thursday, the Minister of Petroleum and Natural Gas Hardeep Singh Puri has diversified India’s resources to buy oil in the global market, because the government is “unnecessarily worried about any pressure on Russia’s oil exports.
Urja Varta said in 2025, the Minister said that India has now purchased oil from 40 countries compared to 27 countries in 2007 and that the global market has been well supported.
Puri, “There are too many oil in the market. Iran and Venezuela are currently under sanctions. But will they be under sanctions forever? Brazil, Canada and others, including many countries are increasing output. As of now, I do not worry about materials. We have diversified our resources.” He said.
The statement of the minister announced that US President Donald Trump will apply secondary sanctions to the countries that buy Russian oil.
On July 15, Trump threatened to implement serious trade restrictions on Russia unless a peace agreement with Ukraine was reached within 50 days. Trump said that the US tariffs in Russian exports will be increased to 100 percent, but also threatened to apply secondary sanctions to countries that buy oil from Russia, such as India and China.
Meanwhile, Moscow described the movement as illegal on Friday and stressed that he would evaluate the last package to minimize its impact.
“So far, we continue to observe an anti -Russian posture from Europe so far. We said that we see such unilateral restrictions illegally and that we are against them.” He said.
Peskov also stressed that he would evaluate the latest European sanctions package to minimize the impact of Russian leadership. “Of course, the new package will have to be analyzed extensively to minimize its impact.” He said.
He also claimed that Russia has developed to some extent immunity to sanctions throughout the waves of repeated Western restrictions. “Over time, we really developed a certain immunity to sanctions and adapted to living under these circumstances.”
