Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Vycarb Raises $5 Million to Capture and Store CO2 in Water

October 9, 2025

Russian Strikes Curtail 60% of Ukraine’s Natural Gas Production

October 9, 2025

EIA Lifts 2025 and 2026 Brent Forecasts for 1st Time in 2025

October 9, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » US Energy Secretary urges India to stop buying Russian oil, ETEnergyworld
Oil & Stock Correlation

US Energy Secretary urges India to stop buying Russian oil, ETEnergyworld

omc_adminBy omc_adminSeptember 26, 2025No Comments4 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


<p>On engaging with Indian leadership, Wright said he met External Affairs Minister S Jaishankar on the inauguration night and initiated a dialogue on future cooperation.</p>
On engaging with Indian leadership, Wright said he met External Affairs Minister S Jaishankar on the inauguration night and initiated a dialogue on future cooperation.

United States Energy Secretary Chris Wright called on India to reconsider its oil imports from Russia, emphasising that the US does not intend to punish India, but aims to bring an end to the ongoing conflict in Ukraine.

Addressing a press conference at the New York Foreign Press Centre, Wright made the remarks in response to ANI’s query on India’s continued oil trade with Russia.

“There are lots of oil exporters in the world. India doesn’t need to buy Russian oil. India buys Russian oil because it is cheaper. Nobody wants to buy Russian oil; they have to sell it at a discount. India has decided to make the trade-off to buy cheaper oil and look the other way, which is giving money to a guy who’s murdering thousands of people every week,” Wright told ANI.

Wright clarified the US position, stating, “We wish India would work with us to buy (oil). You can buy oil from every nation on earth, except Russian oil. That’s our position. America has oil to sell, so does everybody else. We don’t want to punish India. We want to end the war, and we want to grow our relations with India.”

On engaging with Indian leadership, Wright said he met External Affairs Minister S Jaishankar on the inauguration night and initiated a dialogue on future cooperation.

“I met the Indian foreign minister S Jaishankar on the inauguration night and began a dialogue about cooperation and the future pathway between our countries. Russia trying to find peace in Ukraine is a sticky thing. We are both within the cabinet in the United States and with our allies, trying to find the most creative ways to bring this war to an end,” he said.

Wright emphasised the priority of ending the conflict while strengthening US-India ties. “President (Trump) wants nothing more than this war to end, and it would have the additional benefit of removing a source of friction. I am all in on energy and trade cooperation with India. There’s a bright future there, but somehow we have to figure out how to work together to put the maximum pressure to bring the war to an end,” he said.

In August 2025, the Trump administration imposed a 25 per cent tariff on Indian goods, raising the total tariff burden to 50 per cent, due to India’s continued oil imports from Russia.

The Ministry of External Affairs (MEA) criticised the move, terming it “unfair, unjustified, and unreasonable”, and reiterated that India’s energy policy is governed by market dynamics and its need to ensure affordable energy access for its 1.4 billion citizens.

“The United States has targeted India’s oil imports from Russia. We have already made clear our position… our imports are based on market factors and aimed at ensuring energy security for 1.4 billion Indians,” said MEA spokesperson Randhir Jaiswal.

Earlier, many US officials targeted India over the purchase of Russian oil, with Peter Navarro, Senior Counsellor for Trade and Manufacturing, accusing India of profiteering from Russian oil in his latest slew of remarks, alongside alleging that India’s tariffs cost “Americans’ jobs.”

Navarro has repeatedly taken jibes at India in recent times. From calling it a “laundromat for the Kremlin”, to the castiest jibes such as “Brahmins are profiteering” from the conflict in Russia.

Further, the White House Economic Advisor Kevin Hassett said that Trump and the trade team are “disappointed” with India’s continued imports of Russian crude oil, but hoped for positive developments.

Meanwhile, Trump has repeatedly described India as America’s “most tariffed partner,” calling the trade relationship a “totally one-sided disaster.”

Published On Sep 26, 2025 at 01:33 PM IST

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETEnergyworld industry right on your smartphone!



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Andhra Pradesh Government Allots 6,000 Acres to BPCL for ₹1 Lakh Cr-Refinery with 75% Capital Expenditure Incentives, ETEnergyworld

October 9, 2025

L&T wins massive contract for NGL plant in Middle East, ETEnergyworld

October 9, 2025

Cheap crude likely to unearth jackpot for govt next year, ETEnergyworld

October 9, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

EIA Lifts 2025 and 2026 Brent Forecasts for 1st Time in 2025

By omc_adminOctober 9, 2025

The U.S. Energy Information Administration (EIA) has raised both its 2025 and 2026 average Brent…

Chevron reintroduces Clarity line of ashless hydraulic oils for sustainable performance

October 8, 2025

EU Postpones Sustainability Reporting Rules for Non-EU Companies

October 8, 2025

Mars, Golden Peaks Capital Launch 100+ Solar Projects in Poland

October 8, 2025
Top Trending

Vycarb Raises $5 Million to Capture and Store CO2 in Water

By omc_adminOctober 9, 2025

‘Humanitarian’ visa must be created for Pacific Islanders displaced by climate crisis, experts say | Pacific islands

By omc_adminOctober 9, 2025

National security threatened by climate crisis, UK intelligence chiefs due to warn | Environment

By omc_adminOctober 8, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 20259 Views

Analysis: Reform-led councils threaten 6GW of solar and battery schemes across England

June 16, 20252 Views

Guest post: How ‘feedback loops’ and ‘non-linear thinking’ can inform climate policy

June 5, 20252 Views
Our Picks

OMV to Reset Dividend Policy

October 9, 2025

Philippines Awards 8 Oil, Hydrogen Exploration Licenses

October 9, 2025

ExxonMobil Agrees Terms to Explore Giant Iraqi Field

October 9, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.