India Calls Out Unfair Targeting Over Russian Oil Imports
India’s Ministry of External Affairs has criticized the U.S. and the European Union for unfairly targeting India over its purchase of Russian oil. This comes after former U.S. President Donald Trump threatened to raise tariffs on Indian goods. However, he did not specify how much the tariffs would increase.
Why India Imported Russian Oil
India began buying oil from Russia after traditional suppliers diverted supplies to Europe. This shift happened following the Russia-Ukraine war in 2022. India said these imports were necessary to keep energy prices stable and affordable for its citizens.
EU and U.S. Trade With Russia is Much Larger
India highlighted that the EU and the U.S. also trade extensively with Russia. According to European Commission data, the EU’s trade with Russia was €67.5 billion ($78.1 billion) in 2024. This is much higher than India’s trade volume with Russia. U.S.-Russia trade was $5.2 billion in 2024, showing the U.S. also maintains significant ties.
India-Russia Trade Reaches Record Highs
Trade between India and Russia reached a record $68.7 billion by March 2025. This is nearly six times the trade amount before the pandemic. India stressed that its trade with Russia meets strategic energy needs, not optional choices.
Trump’s Tariff Threat and Accusations
Trump threatened to “substantially raise” tariffs on Indian goods. He accused India of buying discounted Russian oil and selling it for profits on the open market. Earlier, Trump had warned about a 25% tariff and unspecified penalties related to oil and military imports from Russia.
India’s Role in Stabilizing Global Energy
India pointed out that its Russian oil imports helped stabilize global energy markets. Energy Minister Hardeep Singh Puri said India’s purchases prevented oil prices from rising sharply. India acted on advice from the U.S. and others to support global energy stability.
India Highlights U.S. Imports From Russia
India also noted that the U.S. imports important materials from Russia. These include uranium hexafluoride for nuclear energy and palladium for electric vehicles. India argued the U.S. has not faced similar tariffs or penalties.
India Stands Firm to Protect Its Interests
India called the targeting by the U.S. and EU “unjustified and unreasonable.” The country said it will protect its national interests and economic security by taking necessary actions.
Expert Opinions on Trade Relations
Experts agree that India’s concerns are justified. Former Indian Finance Secretary Subash Garg said a trade deal with the U.S. is unlikely. He suggested India should let any tariffs take effect. India can focus on domestic demand and finding new markets.
Conclusion: Balancing Trade and Energy Needs
India’s response shows the challenges of global trade amid geopolitical tensions. Despite pressure from the U.S. and EU, India remains focused on securing energy and protecting its economy.
