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S Jaishankar says India began buying cheaper Russian oil in 2022 at US request to stabilise global prices, rejects moralising and calls criticism hypocritical
External Affairs Minister S Jaishankar attends the Session III: Emerging Powers and the New Geopolitical Competition of the annual Kultaranta Talks at the Finnish President’s summer residence, Kultaranta, in Naantali, Finland. (Source: Reuters)
Speaking about India’s decision to purchase Russian oil, External Affairs Minister S Jaishankar on Friday said that the country started purchasing the oil from 2022 onwards because of its lower prices and availability and added that the decision was taken at the request of the United States to keep the global oil prices low.
“At that time, the US specifically asked India to buy Russian oil to stabilise the oil market,” said Jaishankar while speaking at an event in Finland.
The minister further rejected the moralising around Russian oil purchases. “Let’s not pretend that this is about some great principles. I don’t think hypocrisy is appropriate here,” he said.
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