Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said during the bi-weekly media briefing on July 17 that the government is aware of the proposed legislation and is monitoring the situation. Govt says ‘closely following’ developments on US bill seeking 100% tariff over Russian oil purchase(ANI Video Grab) The Ministry of External Affairs (MEA) said on Friday that the government is “closely following” developments related to a US legislation that proposed imposing 100 per cent tariffs on five countries, including India, for buying Russian oil. MEA spokesperson Randhir Jaiswal said during the bi-weekly media briefing on July 17 that the government is aware of the proposed legislation and is monitoring the situation.
“We are closely following these developments, and we are aware of the proposed legislation. That is what I have to say,” Jaiswal said. He reiterated that India’s crude oil imports are guided by its energy security requirements and broader sourcing strategy, noting that New Delhi has multiple suppliers across the world.
“As far as buying oil, we buy oil from various countries in the world. It is based on our approach towards energy sourcing,” Jaiswal said. Referring to maritime traffic in the region, he said there is regular movement of Indian vessels between India and the Persian Gulf. “On the number of Indian vessels which are there in the Persian Gulf, as of today, we have, there is regular traffic between India and the Persian Gulf region; we have seven Indian ships which are there in the Persian Gulf, Indian flagships which are there in the Persian Gulf,” the MEA spokesperson added.
US bill seeks to impose 100% tariff The Ministry of External Affairs’ response came after a bipartisan group of more than 60 US Senators introduced revised legislation to impose sweeping sanctions on Russia, replacing the earlier proposal for blanket tariffs with targeted measures aimed at the world’s largest buyers of Russian energy. The revised bill,
