India Stands Firm Against EU Sanctions on Russian Energy: A Call for \"No Double Standards\"

Dubai, UAE – July 19, 2025 – In a significant development reverberating through global energy markets, India has strongly voiced its opposition to the European Union\'s latest round of sanctions targeting Russia\'s energy sector. The statement, issued today, emphasizes India\'s long-held stance against unilateral sanction measures and calls for an end to \"double standards\" in international energy trade.\r\n\r\nThe EU\'s recent package of sanctions, announced just hours before India\'s response, includes a lowered oil price cap for Russian crude from $60 to $47.6 per barrel, measures against \"shadow fleet\" ships, and the designation of a major refinery in India with Rosneft as its main shareholder – Nayara Energy\'s Vadinar refinery. These moves are part of the EU\'s ongoing efforts to curb Russia\'s ability to fund its conflict in Ukraine.\r\n\r\n\r\nHowever, India\'s Ministry of External Affairs spokesperson firmly stated, \"India does not subscribe to any unilateral sanction measures,\" and stressed that there should be \"no double standards, especially when it comes to energy trade.\" This declaration highlights India\'s commitment to its sovereign right to engage in trade relations that serve its national interests, without being dictated by external sanctions.\r\n\r\nThe issue of Russian energy imports has been a contentious one since the conflict began. While many Western nations have significantly reduced their reliance on Russian oil and gas, countries like India have continued to purchase these commodities, often at discounted rates, citing their energy security needs. India has consistently maintained that its purchases are legitimate and necessary for its economic stability and growth.\r\n\r\n\r\n\r\nThis latest exchange underscores the ongoing divergence in approaches to the Ukraine conflict among major global powers. While the EU seeks to exert maximum economic pressure on Russia, India prioritizes its energy security and the broader implications of such sanctions on global trade and developing economies.\r\n\r\nThe coming weeks will likely see continued discussions and potential diplomatic maneuvering as both sides navigate these complex geopolitical and economic realities. India\'s clear and unambiguous message today serves as a reminder of the multi-polar nature of global affairs and the diverse interests that shape international policy.