US House advances bill to let Trump impose 100% tariffs on India over Russian oil, Nepal flood death toll reaches 1,399, HP govt to introduce dress code for teachers in CBSE schools from Oct 1,

India defends oil imports from Russia, points out US, EU duplicity

India on Monday defended India’s continued import of oil from Russia amid criticism from the United States and the European Union (EU), terming such objections “unjustified and unreasonable.” New Delhi also reminded Washington that when it began importing from Russia after the outbreak of the Ukraine conflict, the US "actively encouraged such imports". It also countered the stance of the European Union for singling out Indian refiners over their exports of crude.The foreign ministry said that while India's imports are "a necessity compelled by the global market situation", the nations criticising it are themselves "indulging in trade with Russia" even when "such trade is not even a vital compulsion". The ministry pointed out that the nations criticizing India are themselves indulging in trade with Russia. “Unlike our case, such trade is not even a vital national compulsion,” the statement added.

Citing trade data, the MEA highlighted that the European Union in 2024 had a bilateral trade of Euro 67.5 billion in goods with Russia. In addition, it had trade in services estimated at Euro 17.2 billion in 2023. This is significantly more than India’s total trade with Russia that year or subsequently. European imports of LNG in 2024, in fact, reached a record 16.5mn tonnes, surpassing the last record of 15.21mn tonnes in 2022. Europe-Russia trade includes not just energy, but also fertilizers, mining products, chemicals, iron and steel and machinery and transport equipment.New Delhi has repeatedly maintained that its foreign policy decisions, including energy partnerships, are independent and based on pragmatic considerations, particularly in light of volatile global markets.


Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Food & Lifestyle

 The food industry is constantly evolving. New ingredients, techniques, presentation styles, and global influences continue to reshape the way food is prepared and served.

Read More

Crime

In Chhattisgarh, a special NIA court has convicted 10 Maoists and awarded them death for their alleged involvement in the Jhiram Ghati attack in Baster.  

Read More

Opinion

The Election Commission's ERONET system is designed as a unified platform for electoral registration and form processing.

Read More

Credibility Matters at Newsinc24.com because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.