India to Buy Oil From Anywhere, MEA Tells Parliamentary Committee

N
News18•10-02-2026, 23:51
India to Buy Oil From Anywhere, MEA Tells Parliamentary Committee
- •Ministry of External Affairs (MEA) clarified India's stance on energy security to Parliament's Standing Committee on External Affairs.
- •India will not compromise on its energy needs and oil purchases, despite strengthening trade relations with the US.
- •Government stated India is free to buy oil from any country based on preference and competitive rates, prioritizing national interest.
- •Discussions also covered the interim trade agreement with the US, expected to be finalized by mid-March, aiming for a $500 billion import target.
- •MEA assured the committee on monitoring developments in Bangladesh and maintaining contact with its political parties.
✦
More like this
Loading more articles...





