--- title: "Indian Ministry of External Affairs: Punishing India for purchasing Russian oil is unreasonable" description: "The Indian Ministry of External Affairs stated that the penalties imposed on India for purchasing Russian oil are unjust and that necessary measures will be taken to safeguard national interests. The " type: "news" locale: "en" url: "https://longbridge.com/en/news/251500394.md" published_at: "2025-08-04T17:59:00.000Z" --- # Indian Ministry of External Affairs: Punishing India for purchasing Russian oil is unreasonable > The Indian Ministry of External Affairs stated that the penalties imposed on India for purchasing Russian oil are unjust and that necessary measures will be taken to safeguard national interests. The statement pointed out that India's oil imports are aimed at ensuring affordable energy for consumers and are a necessary measure in the context of the global market situation. At the same time, India noted that the United States and the European Union are pressuring it, while they themselves continue to import Russian products. The Indian ETF listed in the U.S. maintained a decline of over 0.4% The Indian Ministry of External Affairs issued a statement saying, "The actions against India are unjust and unreasonable, and India will take all necessary measures to safeguard national interests and economic security." The statement noted that India's oil imports aim to ensure that Indian consumers can afford energy products, "which is a necessary step given the global market situation." The statement mentioned that since the outbreak of the Russia-Ukraine war, the United States and the European Union have been pressuring India for importing oil from Russia, while the US and Europe themselves continue to import Russian products. The Indian ETF listed in the US maintains a decline of over 0.4% ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Envestnet Asset Management Inc. Cuts Stock Position in Edwards Lifesciences Corporation $EW | Envestnet Asset Management Inc. reduced its stake in Edwards Lifesciences Corporation by 23.1% in Q3, now holding 261,58 | [Link](https://longbridge.com/en/news/275999995.md) | | Warner Bros. Discovery Draws Interest From Ancora | Warner Bros. Discovery Draws Interest From Ancora | [Link](https://longbridge.com/en/news/275585162.md) | | Unilever (LON:ULVR) Hits New 52-Week High - Time to Buy? | Unilever (LON:ULVR) Reaches New 12-Month High - Should You Buy? | [Link](https://longbridge.com/en/news/275585807.md) | | US expected to add Alibaba and other to list of firms allegedly aiding China's military, sources say | The Trump administration is set to add Alibaba and other companies to a list of firms allegedly supporting China's milit | [Link](https://longbridge.com/en/news/275904637.md) | | Amazon, Google And Others Are Pouring $700 Billion Into AI CapEx, Top Analyst Explains Why This Makes It 'Hard' To Bet Against Nvidia | Amazon, Microsoft, Meta, Tesla, Apple, and Google are set to invest nearly $700 billion in AI-driven capital expenditure | [Link](https://longbridge.com/en/news/275700100.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.