EU Calls for Action to Curb Indian Petroleum Imports with Russian Oil
In a significant development, EU’s foreign policy chief, Josep Borrell, has called for immediate action to curb the importation of Indian petroleum products made with Russian oil. Borrell expressed rare explicit criticism of India’s role in aiding Russia’s evasion of Western sanctions during the Ukraine war. The EU aims to crackdown on the practice of India reselling Russian oil, including diesel, as refined fuel into Europe. This video explores the implications of Indian firms buying Russian oil, refining it, and subsequently selling it to Europe. Borrell’s emphasis on addressing the issue during his meeting with India’s foreign minister, Subrahmanyam Jaishankar, underscores the importance of resolving this matter. The potential restrictions on Indian petroleum sales made with Russian oil could impact both the national economy and the strong relationship between India and Russia.
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