India to Diversify Energy Supplies After US-Russia Oil Deal

• India aims to diversify energy sources to ensure long-term security without stopping Russian oil imports
• Refiners will continue current purchases with a transition period for existing contracts
• The US‑India trade deal cuts tariffs on Indian exports while protecting sensitive sectors like agriculture and dairy

The Indian government restates its dedication to diversifying energy sources because it needs to develop a strategic plan for maintaining energy security throughout international changes according to Trade Minister Piyush Goyal's statement to Parliament recently.

The United States recently signed a trade agreement with India which establishes new commercial relations between the two countries through reduced tariffs on Indian exports. The United States established deal components which required India to stop buying Russian oil but Indian officials made clear that the country's energy procurement decisions will follow national interests and energy security needs.

India’s energy strategy historically relies on multiple crude suppliers while Kremlin officials explain that Russia has always been one of India’s suppliers since the country started diversifying its energy sources. Goyal stated in Parliament that India needs to provide energy access and dependable supply for its 1.4 billion citizens while he did not make a commitment to stop importing from any particular nation.

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Government sources state that refiners have not received orders to end their Russian oil purchases because they need time to fulfill existing supply contracts which are currently active. The US trade negotiations have identified tariff reductions as a primary advantage for Indian exporters who operate in manufacturing and MSME sectors while agricultural and dairy businesses maintain their dedicated protection.

The dynamic demonstrates India’s attempt to manage strategic energy resource distribution through its ongoing international talks which seek to protect its energy needs and business operations during changing global political situations.