Russian Envoy Warns Global Energy Markets Cannot Cope Without Moscow's Oil
Russia's envoy says the world energy market would struggle without its oil, and reaffirms Moscow's readiness to meet India's crude demand despite sanctions.
Russian Ambassador to India, Denis Alipov, has cautioned that the global energy market would face severe strain if Russian oil were to be completely excluded from international trade. His remarks come amid escalating trade tensions and sanctions aimed at limiting Moscow's energy revenues.
Speaking on the subject, Alipov underscored Russia's capacity and willingness to continue supplying crude to India, a major buyer that has stepped up purchases of discounted Russian barrels since the onset of Western sanctions. He asserted that Moscow remains a reliable partner for New Delhi's energy security.
The envoy also took aim at what he described as coercive tactics by certain countries, which he said are attempting to pressure India into reducing its energy engagement with Russia. Alipov argued that such external interference prevents India from securing more favourable terms in its energy deals, and that New Delhi should be free to pursue its national interests without undue influence.
His comments highlight the widening fault lines in global energy politics, where sanctions on Russian supply are colliding with the practical needs of major consuming nations like India. The ambassador's warning suggests that any attempt to fully isolate Russian oil from world markets could have unintended consequences for global price stability and supply security.