The Ministry of External Affairs (MEA) said India aims to ensure stable energy prices and secure supplies. It also plans to diversify its energy sourcing to meet market conditions. The MEA noted that India has long sought to expand energy procurement from the US, and current discussions are ongoing to strengthen cooperation.

Commerce Secretary Rajesh Agrawal said India’s oil imports from the US have fallen from $25 billion to around $12–13 billion in recent years. He added that India can increase purchases by $12–15 billion without adjusting refinery configurations. He also emphasized that diversifying energy imports remains India’s best strategy.

Petroleum Minister Hardeep Singh Puri highlighted that Indian oil purchases from Russia have helped stabilize global prices. Russian crude imports remain capped at $60 per barrel and are never under sanctions. India continues to avoid purchasing oil from countries under sanctions, Puri affirmed.

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The Ministry of External Affairs (MEA) stated that India has aimed to diversify energy procurement for many years, prioritising stable prices and secure supplies. The current US administration has shown interest in strengthening these energy ties.

Despite previous US tariff hikes, India’s exports to the US rose to $45.82 billion in the first half of the current financial year, a 13.3% increase from last year. The government sees potential to import $12–13 billion worth of crude oil and natural gas from the US without changing refinery configurations.

India is also likely to source more renewable energy technologies from the US as part of the trade discussions. Chief Negotiator Rajesh Agrawal is already in the US, working with the negotiating team to finalise bilateral commitments and boost climate-friendly energy cooperation.

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