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Supporting India’s pragmatic energy security decision

Published July 28, 2026 at 10:33 AM UTC

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India’s choice to keep buying Russian oil is a sound economic and strategic move. The discounts – often $10-15 a barrel – help the government control inflation and keep fuel affordable for millions. Refiners have invested in processing Russian crude, making the arrangement efficient. Despite Red Sea troubles, India has rerouted tankers via the Cape of Good Hope, proving flexibility. This approach respects India’s independent foreign policy; it does not violate any UN sanctions. For a large developing economy, securing cheap energy is not just smart—it is essential for growth and public welfare.