India’s Oil Minister, Hardeep Singh Puri, has reaffirmed the country’s commitment to adhering to international rules and regulations, even as global markets grapple with the potential impact of US energy sanctions. Speaking at a press conference in New Delhi, Puri emphasized that India’s energy policies are designed to ensure stability and growth while complying with global norms.

The statement comes amid rising tensions in global energy markets, as the US considers imposing stricter sanctions on oil-producing nations. These sanctions could disrupt supply chains and increase prices, posing challenges for energy-importing countries like India.

“We play by the rules and are committed to maintaining a balanced approach to energy security,” Puri said. “India’s energy strategy is focused on diversification, sustainability, and ensuring affordable energy for our citizens.”

India, the world’s third-largest oil importer, has been actively diversifying its energy sources to reduce dependence on any single supplier. The country has increased imports from Russia, the Middle East, and Africa while also investing in renewable energy and domestic production.

Analysts suggest that India’s proactive approach could help mitigate the impact of potential US sanctions. “India’s diversified energy portfolio and strategic partnerships provide a buffer against global market disruptions,” said Ravi Sharma, an energy analyst at Global Energy Insights.

However, the uncertainty surrounding US sanctions has led to volatility in global oil prices, with Brent crude fluctuating significantly in recent weeks. Puri acknowledged the challenges but expressed confidence in India’s ability to navigate the situation.

As the global energy landscape evolves, India’s stance highlights the delicate balance between geopolitical pressures and domestic energy needs. The country’s emphasis on compliance and diversification could serve as a model for other energy-importing nations facing similar challenges.