Closely following developments: India on US bill to impose tariffs on nations procuring Russian oil
New Delhi (PTI): India on Friday said it is closely following developments relating to a proposed legislation by the US that seeks to impose up to 500 per cent tariffs on countries procuring Russian crude oil.
India and China are among a handful of countries which are procuring significant volumes of crude oil from Russia.
US Senator Lindsey Graham, the author of the bill, said this week that President Donald Trump has green-lighted the proposed legislation.
"We are aware of the proposed bill. We are closely following the developments," External Affairs Ministry Spokesperson Randhir Jaiswal said at his weekly media briefing.
India has been stoutly defending its procurement of Russian crude oil, saying the purchase is driven by market dynamics and to address the energy requirement of 1.4 billion people of the country.
"Our position on the larger question of energy sourcing is well known," Jaiswal said.
ALSO READ: Nine killed, around 40 injured as private bus falls into 500-feet deep gorge in Himachal's Sirmaur
"In this endeavour, we are guided by the evolving dynamics of the global market and by the imperative to secure affordable energy from diverse sources to meet the energy security needs of our 1.4 billion people," he said.
On Wednesday, Senator Graham said he had a "very productive meeting" with Trump and that the president has green-lighted the Russia sanctions bill that has been in the works for months.
"This will be well-timed, as Ukraine is making concessions for peace, and Putin is all talk, continuing to kill the innocent. This bill will allow President Trump to punish those countries that buy cheap Russian oil, fuelling Putin's war machine," Graham said on social media this week.
"This bill would give President Trump tremendous leverage against countries like China, India and Brazil to incentivise them to stop buying the cheap Russian oil that provides the financing for Putin's bloodbath against Ukraine," he said.
The bill has proposed a 500 per cent tariff on secondary purchase and reselling of Russian oil.
Earlier this week, Graham said that Indian Ambassador to the US Vinay Kwatra informed him about New Delhi reducing its purchases of Russian oil and asked him to convey to President Trump to "relieve the tariff" imposed on India.
The US has been putting pressure on India to cut its procurement of Russian crude oil as it believes Moscow is financing its war against Ukraine using the oil revenue.
India turned to purchasing Russian oil sold at a discount after Western countries imposed sanctions on Moscow and shunned its supplies over its invasion of Ukraine in February 2022.
Consequently, from a mere 1.7 per cent share in total oil imports in 2019-20, Russia's share increased to 35.1 per cent in 2024-25.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Withdraw 'disrespectful' remark against Rahul Gandhi and apologise: Pilot asks Rijiju
Mumbai (PTI): Congress leader Sachin Pilot on Thursday hit out at Union minister Kiren Rijiju for passing a "disrespectful and inappropriate" remark against Rahul Gandhi, and asked him to apologise for it.
He was answering a query regarding Rijiju's reported statement in which he described Gandhi as the "most dangerous person" for India's security, and a purported video of a man claiming to be from Karni Sena issuing death threats to the Congress leader.
Addressing a press conference here, Pilot said, "When ordinary journalists criticise the government, they face FIRs and jail. But when threats are issued against the Leader of the Opposition in Lok Sabha (Rahul Gandhi), there is silence. This shows the government's intention. LoP is a constitutional position. To describe him as a security threat is inappropriate and disrespectful. Even as such open threats are being made, the government is not taking any action."
"The statement 9against Gandhi) should be withdrawn and an apology should be issued," the Congress general secretary said, adding that it is the job of the LoP to seek accountability from the government and ask questions.
To a query on the plane crash in which Maharashtra Deputy Chief Minister Ajit Pawar was killed on January 28, Pilot said, "I do not want to speculate. There should be a transparent, time-bound inquiry. If there are doubts, a high-level investigation should clarify facts."
When asked about the demand for leadership change in the opposition INDIA bloc, he said, "Leadership decisions are internal matters. The alliance worked remarkably well in the last Lok Sabha election. The gap in numbers between the INDIA bloc and the NDA was not very wide. We are working together strongly and will continue to do so."
The Congress has been helming the INDIA bloc, a coalition of Opposition parties formed before the 2024 Lok Sabha elections to counter the ruling BJP-led National Democratic Alliance (NDA). However, voices from disgruntled Congress members and those associated with the UPA dispensation suggested that the leadership of the opposition alliance should be given to West Bengal Chief Minister Mamata Banerjee or Tamil Nadu CM M K Stalin.
On Artificial Intelligence (AI) and the Indian economy, Pilot said, "India is a major IT power. We have talent and capability. Many countries see India as a natural partner. But we must use our strengths wisely and not compromise our sovereignty under pressure."
"India should have the freedom to decide where to buy oil from. That is a sovereign decision," Pilot said.
On the issue of illegal migration, he said anybody staying illegally in India should be removed regardless of religion or caste.
"But this issue should not be politicised. If the border has been under control for 11 years, how did illegal immigrants enter? The government should provide data on how many people have been deported," he said.
"This government's intent and policies are anti-farmer and there is no accountability. The opposition will continue to demand answers from the government and stand with farmers and the people of India," he said.
_vb_49.jpeg)