India's official stance on crude oil sourcing emphasizes pragmatic energy security amid geopolitical pressures and commercial realities. MEA spokesperson Randhir Jaiswal clarified that the government is open to evaluating any new supply options, including Venezuela, based solely on commercial viability and national priorities. He noted Venezuela's historical role as a partner in energy trade and investment until 2019-20, when sanctions forced a halt; imports briefly resumed in 2023-24 before stopping again. Jaiswal stressed: "Ensuring the energy security of 1.4 billion Indians is the supreme priority... Diversifying sourcing in keeping with objective market conditions and evolving international dynamics is at the core of our strategy." No automatic shift from Russian or Iranian crude was confirmed. This response addresses US President Donald Trump's assertion of a deal where India would buy Venezuelan oil, with White House claims of commitments to reduce Russian imports and increase US purchases post Trump-Modi talks. Washington pushes Venezuelan alternatives to curb Moscow's Ukraine war revenue. Diplomatically, Venezuelan Vice President Delcy Rodriguez met PM Modi, agreeing to strengthen bilateral cooperation in energy, trade, and investment, elevating relations. The clarification underscores India's independent foreign policy balancing affordable energy with strategic partnerships. Broader context involves global oil dynamics, sanctions impacts, and diversification efforts ensuring stable supplies without political concessions. Overall, it reflects cautious navigation of international claims while prioritizing domestic needs. In my view, balanced approach safeguarding interests amid evolving alliances hoping sustains affordable energy diverse sources.

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