Key Points

India's MEA stated that oil imports from Iran depend on market conditions and global stability. The ministry expressed deep concerns over escalating tensions in West Asia, including attacks on Iran's nuclear facilities. India is closely tracking IAEA reports on radiation levels at affected sites. The MEA reiterated its call for dialogue and diplomacy to restore regional peace.

Key Points: India Says Iran Oil Imports Depend on Market Factors and Global Situation

  • MEA links Iran oil imports to market conditions
  • India voices concern over West Asia tensions
  • Urges diplomacy amid Iran nuclear facility attacks
  • Monitoring IAEA updates on radiation levels
2 min read

India's oil import from Iran depends on market factors, prevailing global situation: MEA

MEA clarifies India's stance on Iran oil imports, citing market dynamics and West Asia tensions while urging diplomatic solutions.

"Our energy purchases are based on market factors and the prevailing global situation – Randhir Jaiswal, MEA"

New Delhi, June 26

The Ministry of External Affairs clarified India's position on importing crude oil from Iran on thursday, stating that energy purchases are based on "market factors and the prevailing global situation."

"Our energy requirements, or the energy purchases we make, are based on market factors and the prevailing global situation," MEA spokesperson Randhir Jaiswal said in THEIR weekly briefing.

Further, the Ministry also expressed deep concerns about the situation in West Asia, including the Israeli attacks on nuclear scientists and certain universities in Iran.

In response to a question about targeting science students and scientists, the MEA spokesperson emphasised India's commitment to peace and diplomacy.

"As you would have seen in our statement earlier as well, we expressed deep concerns about the recent escalation of the situation in West Asia, including the attacks on Iran's nuclear facilities. Subsequently, we have welcomed the ceasefire, as you would have seen," Jaiswal stated.

The MEA spokesperson noted that India is closely monitoring updates from the International Atomic Energy Agency (IAEA) regarding the radiation levels at the affected sites. "India is closely following updates from the IAEA about the radiation levels in the affected sites," the spokesperson said.

"We have noted that so far, IAEA has reported that the targeted facilities either confirmed no nuclear material or small quantities of natural or low-enriched uranium, and that radioactive contamination has been limited to the buildings affected by the strikes. We urge a return to the path of dialogue and diplomacy for an early restoration of regional peace, security, and stability," Jaiswal affirmed.

- ANI

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Reader Comments

R
Rajesh K.
India's pragmatic approach to energy security is commendable. We must balance our economic needs with global diplomacy. Iran has been a reliable partner for affordable oil, but we can't ignore geopolitical realities. Jai Hind! 🇮🇳
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Priya M.
While I understand the economic benefits, shouldn't we be more vocal against attacks on scientific institutions? Education and research should be beyond conflict zones. India should take stronger stand for global peace.
A
Amit S.
Good diplomatic response by MEA. We need to maintain relations with all sides while protecting our national interests. But we must also speed up our renewable energy plans - can't keep depending on foreign oil forever!
S
Sunita R.
The situation is very complex. On one hand we need affordable oil for our growing economy, on other hand we can't ignore international sanctions. Government is walking tightrope but handling it well so far.
V
Vikram J.
Why always reactive statements? India should take leadership role in West Asia peace process. We have good relations with both Arab countries and Iran. Time to show some 'big brother' diplomacy na?
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Neha P.
The radiation concerns are worrying! Even if levels are low now, any nuclear facility attack is dangerous for entire region. India should offer technical assistance through IAEA to ensure safety. Our scientists have good expertise in this area.

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