"Closely monitoring": India on US bill seeking upto 100% tariffs on Russian oil buyers
New Delhi, July 31 -- India is keeping a close watch on a US bill that empowers Washington to impose tariffs of up to 100 per cent on nations purchasing Russian oil and gas, the Ministry of External Affairs (MEA) said on Friday, days after the proposed legislation cleared the US Senate.
Addressing the weekly media briefing in the national capital, MEA spokesperson Randhir Jaiswal stated that New Delhi is tracking the progress of the measure in Washington.
"We are closely monitoring the developments," Jaiswal said.
Reaffirming India's strategic approach towards fulfilling its domestic power and fuel requirements, the spokesperson emphasised that national interest remains the core pillar of the country's energy policy.
"On energy securi...
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