
New Delhi, 05 February (H.S.): India emphasized on Thursday that ensuring energy security for its 1.4 billion people remains its top priority amid global uncertainties, expressing readiness to evaluate commercial viability of new supply options, including from Venezuela.New Delhi reiterated its advocacy for diversifying energy sources.
Foreign Ministry spokesperson Randhir Jaiswal, during his weekly press briefing here on Thursday, once again underscored energy needs and favorable pricing as key decision drivers. He reaffirmed India's commitment to supply diversification.
The remarks come against U.S. President Donald Trump's claim that India has agreed to halt Russian oil purchases. Notably, India and the U.S. recently finalized a trade deal, after which Washington lifted extra tariffs on Indian goods. Trump asserted India would cease buying Russian oil and prioritize Venezuela instead.
Addressing queries on the U.S. pact, Jaiswal responded to Trump's claims: The government has publicly stated its position on energy supplies multiple times. Our foremost priority is securing energy for 1.4 billion Indians. India's strategy has consistently involved diversifying energy sources in line with market conditions and evolving global dynamics.
All our steps—and future ones—align with this objective.On Venezuela TiesRegarding Trump's Venezuela assertions, the ministry noted Venezuela has long partnered with India in energy, trade, and investment. It was India's largest oil supplier until 2019-20, when purchases halted due to sanctions. Indian oil firms have longstanding collaborations with Venezuela's national oil companies.
India stands ready to assess commercial benefits from any new crude suppliers, including Venezuela, to bolster energy security.On broader U.S. trade deal questions, Jaiswal directed attention to statements from the Commerce Ministry and its minister, who have already clarified multiple aspects.
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Hindusthan Samachar / Jun Sarkar