India has reiterated its commitment to safeguarding energy security for its 1.4 billion people following the US Congress’s passage of a Russia sanctions bill that provides for tariffs of up to 100 per cent on goods imported from major buyers of Russian energy.
India’s statement on Russia sanction bill India’s foreign ministry said New Delhi has taken note of the US Congress passing the Sanctioning Russia and Iran Act 2026 and is closely monitoring further developments on the matter. “As stated on several earlier occasions, India remains firmly committed to ensuring energy security for its 1.4 billion people.
In a statement, the Ministry of External Affairs also flagged potential trade and economic risks originating from the legislation, which targets Russia’s leadership as well as the “shadow fleet” of vessels allegedly used by Moscow to circumvent sanctions on oil shipments. “Its potential implications for not just the bilateral relationship but also the international energy market have been very clearly articulated by the Indian side,” it said. The ministry also said India’s oil trade with Russia has been discussed at senior levels with various US interlocutors over the past several months. New Delhi said India has made clear its resolve to take all necessary steps to safeguard its trade and economic interests.
It will continue to do so through diversified sourcing and on the basis of evolving market dynamics,” the statement read. The government will also work closely with Indian trade and industry bodies to address the implications of these developments.
