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India’s oil minister says ‘we play by the rules,’ as markets weigh U.S. energy sanctions

2025-02-11 17:08:51       source:CNBC

February 11, 2025


India will cooperate with international sanctions, the country's oil minister told CNBC on Tuesday, as markets eye future U.S. policy under the new administration of President Donald Trump.


"We play by the rules. If there is an international sanction, which is anchored, we would not want to go around it or anything," India's Minister of Petroleum and Natural Gas Hardeep Singh Puri told CNBC's Sri Jegarajah on the sidelines of the annual India Energy Week conference.


"On Russia, yes, there was a price cap, and we adhered strictly to the price cap. Going forward, if there are issues, we will address them."


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https://www.cnbc.com/2025/02/11/indias-oil-minister-says-we-play-by-the-rules-as-markets-weigh-us-energy-sanctions.html