'Conflict won't be solved by who does or doesn't buy oil': India on US sanctions
External Affairs Minister S. Jaishankar stated that the Russia-Ukraine conflict cannot be resolved through oil sanctions. He emphasized that dialogue and diplomacy are the only paths to peace while noting resilience in India-Ukraine trade relations.
Why it matters
It clarifies India's stance on maintaining energy imports despite geopolitical pressure from the US and Western allies.
External affairs minister S Jaishankar on Thursday said the Russia-Ukraine conflict cannot be resolved through measures targeting oil purchases, stressing that the war will ultimately have to be settled through dialogue, diplomacy and negotiations.Jaishankar made the remarks in Kyiv while responding to a question on whether India would consider reducing its purchases of Russian oil if the United States approves sanctions against countries buying Russian oil.‘Conflict will not be solved by buying or not buying oil’“This conflict, which is today in its fifth year, will not be solved because somebody is buying or not buying oil or alumina or minerals or metals or fertiliser,” Jaishankar said.“This conflict will be solved by dialogue, diplomacy, and negotiation. That is why, it is something we would encourage,” he added.His remarks came amid discussions over possible US sanctions targeting countries that continue to purchase Russian oil.
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