‘We Will Do…’: India’s BIG Remark On EU Sanctions, US Threat To Economy Over Russian Oil | India News
On Tuesday, India clearly stated that it would not submit to sanctions by the European Union and that the US would not prevent threats against the economy given by the US on the purchase of Russian oil. Foreign Minister Vikram Misri, who appealed to the media before his visit to the United Kingdom by Prime Minister Narendra Modi, said that energy security is India’s greatest concern and will do what needs to be done.
“When it comes to energy security, it is clear that the Indian Government is the highest priority for the Indian people to provide energy safety for the people of India, and as we have previously said, on energy -related issues, as we have previously said, as what the global situation is, as what is it, it is important that the wider energy market has a clear perception.
While India understands the security situation faced with Europe, the rest of the world is dealing with some problems, he said. “We understand that there is an important and serious security problem that confronts Europe, but the rest of the world is there. He is also interested in the existential problems for the rest of the world, and I think it is important to maintain balance and perspective while talking about these issues.” He said.
In particular, Misri’s comments came after the US, which threatened India, China and Brazil against Russian ties after the EU and the US. In the latest sanction round, the European Union brought more strict measures to target Russian oil revenues. These include a lower price limit in the Russian patron, restrictions on refined fuels produced from it, and new financial sanctions. The sanctions are also spread to additional limitations on Rosneft’s joint venture refinery in India and Russian banking access – all of them aim to prevent Moscow’s ability to finance war efforts through energy exports.
New restrictions are expected to have a significant amount of Russian crude oil on countries such as India, Turkey and the UAE, and will have fluctuation effects on countries that export fuels such as diesel, gasoline and jet fuel to European markets.
Meanwhile, the US under the Trump administration took a difficult stance. President Donald Trump and other senior officials, countries such as India, China and Brazil – all of the BRICS group – Russia – ongoing oil trade can lead to serious economic repercussions.
In an interview on TV on Fox News, US senator Lindsey Graham said, “Here is what I will say to China, India and Brazil: If you continue to buy cheap Russian oil to allow this war to continue, we will tear hell and crush your economy.” In addition, what you do will not earn blood money and we will not allow it to continue in a fruitless way, ”he added.
