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Markets3h 24m ago

India's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022 because it was available and affordable.

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Kultaranta, Finland

Who
S. Jaishankar, India, United States
What
India's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022 because it was available and affordable.
When
Fri, 12 Jun 2026 01:06:00 GMT · 3h 24m ago
Where
Kultaranta, Finland ·
Why
The United States had specifically requested India continue buying Russian crude to help stabilize global energy markets.
The Frontline Impact

How this affects you

This revelation highlights the complex dynamics of international energy markets, where geopolitical alliances can be influenced by economic stability concerns.

Story chain

4 events in this thread
  1. Markets1h 52m ago
    External Affairs Minister S Jaishankar defended India's purchase of Russian oil, citing market availability and cost, and highlighted that European weapons have historically targeted India, whereas New Delhi has never endangered Europe.
    Open article
  2. Markets1h 52m ago
    External Affairs Minister S Jaishankar defended India's purchase of Russian oil, citing market availability and cost, and highlighted that European weapons have historically targeted India.
    Open article
  3. Markets1h 52m ago
    External Affairs Minister S Jaishankar defended India's purchase of Russian oil, citing market availability and cost, and pointed out that Europe sells weapons which are used to attack India.
    Open article
  4. Currently Reading3h 24m ago
    India's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022 because it was available and affordable.

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