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India Today·3 min read·medium

Imports under the price cap: Finland Minister defends India's Russian oil buys

Imports under the price cap: Finland Minister defends India's Russian oil buys
AI Summary

Finnish Foreign Minister Elina Valtonen defended India's continued purchase of Russian oil, stating that the imports remain within the Western-imposed price cap framework. Indian External Affairs Minister S. Jaishankar reiterated that India's energy policy is driven by market availability and cost rather than political alignment.

Why it matters

This highlights the diplomatic balancing act India performs regarding energy security amidst ongoing Western sanctions against Russia.

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New Delhi , UPDATED: Jun 13, 2026 08:29 IST Edited By: Sonali Verma India received unexpected backing from Finland on its purchase of Russian oil, with Finnish Foreign Minister Elina Valtonen saying New Delhi had acted within the framework of the oil price cap introduced by Western countries after Russia's invasion of Ukraine.

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The article reports on official statements from both sides without injecting editorial opinion, focusing on the diplomatic justification of energy policy.

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