India slams global energy disruptions through sanctions, chokepoints
Washington External Affairs Minister S. Jaishankar strongly disapproved of disruptions in global oil supplies through sanctions and chokepoints, saying deliberate attacks on energy trade and infrastructure were a calculated strategy to hold prices hostage. Mr. Jaishankar’s remarks at the G20 Foreign Ministers’ Meeting in Atlanta on Friday (October 30, 2026) came amid American sanctions on the sale of Iranian oil and disruption to energy supplies from West Asia and the decision to lift sanctions on the sale of Russian diesel.
Jaishankar hits out at U.S. tariffs, says India will not compromise on farmers' interests Jaishankar hits out at U.S. tariffs, says India will not compromise on farmers' interests The Minister argued that the tariff issue was being wrongly presented as an “oil dispute” Jaishankar hits out at U.S. tariffs, says India will not compromise on farmers' interests storyline 1 The Minister said that the world was staring at an energy crisis not of production, but of unpredictability and disruption, unaffordable costs, and challenges of access.
Mr. Jaishankar, in a post on X, said he highlighted that deliberate attacks on energy trade and infrastructure were a calculated strategy to hold energy prices hostage. “The G20 must display both understanding and leadership to keep energy markets open and predictable,” he said at the meeting convened by U.S. Secretary of State Marco Rubio. India’s Russian crude binge to continue after Trump waives new sanctions law India’s Russian crude binge to continue after Trump waives new sanctions law The law authorised tariffs of up to 100% on goods from the five largest importers of Russian crude and gas, and sanctions on Russia's shadow fleet of tankers India’s Russian crude binge to continue after Trump waives new sanctions law storyline 1 The Minister emphasised that continuous distortions of energy markets through obstacles, sanctions and chokepoints were happening with increasing frequency, greater complexity and wider impact.
Mr. Jaishankar said he underscored that there appears to be little regard for the predicament of low-income countries. West Asia crisis not over, potential to escalate further: Oil Minister Hardeep Puri West Asia crisis not over, potential to escalate further: Oil Minister Hardeep Puri Oil Minister Hardeep Puri also mentioned that there is interest from outside for investing in India’s refineries though the country does not need it.
West Asia crisis not over, potential to escalate further: Oil Minister Hardeep Puri storyline 1 The Minister said that convenient distinctions are being drawn between oil and gas. “Selective carve-outs speak for themselves,” he said. Mr. Jaishankar said he reiterated that the knock-on effects and mutual dependence in a globalised market should not be underestimated. He reaffirmed that India needs reliable and predictable LPG supplies for its clean cooking needs.
How will the U.S.’s Sanctioning Act affect India? | Explained How will the U.S.’s Sanctioning Act affect India? | Explained Why did the U.S. introduce the Lindsey O. Graham Sanctioning Russia and Iran Act, 2026? What does this new law say about tariffs? What particular condition impacts India’s imports of Russian oil? How could this impact India’s economy? Is there any provision for a waiver of tariffs?
How will the U.S.’s Sanctioning Act affect India? | Explained storyline 1 Mr. Jaishankar reiterated that India’s National Mission on critical minerals spans exploration to recycling. He also said India has proposed a G20 Critical Minerals Circularity Initiative. The Minister said the G20 must widen access to finance and advance storage, small modular reactors, green hydrogen and biofuels.
