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Purchase Policies

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India's Oil Imports Surge as Jaishankar Awaits Gratitude

Originally Published 2 years ago — by NDTV

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Source: NDTV

India's External Affairs Minister, S Jaishankar, claimed that India's strategic purchase policies have softened global oil and gas markets, managing global inflation. He highlighted that India's approach to oil purchases prevented a surge in global oil prices and competition with Europe. Jaishankar also discussed India's role in the Russia-Ukraine war, emphasizing the balance between principles and interests. He further underscored India's pivotal role in global institutions like the G20 and BRICS, stating that India seeks change without excessive disruption.