The central government on Saturday said India continued to buy crude oil from any source offering the best price as uncertainty prevails over the war between the United States and Iran. In a statement, the Centre said: "Despite rising tensions on the Hormuz Route, India's energy supply remains secure and stable. India has diversified its crude oil sources from 27 to 40 countries, ensuring multiple alternative supply routes. The government added in the statement: "India has never depended on permission from any country to buy Russian oil...India is still importing Russian oil even in February 2026, and Russia is still India's largest crude oil supplier. For three years of the Russia-Ukraine war, India kept buying Russian oil despite US and EU objections.

Source: dna March 07, 2026 13:48 UTC