Oil strategy guided by national interest: Foreign secretary Vikram Misri

2026-02-09 - 22:05

India's oil sourcing strategy will prioritize national interest, avoiding dependence on any single country, stated Foreign Secretary Vikram Misri. Petroleum companies make purchasing decisions based on market conditions, availability, pricing, and risk assessment. The government's primary goal is to ensure adequate, reliable, and fairly priced energy for Indian consumers.