U.S. Tariff Threat Over Russian Oil: Dr Mukesh Aghi Explains India’s Energy Security Stand
U.S. Tariff Threat Over Russian Oil: Dr Mukesh Aghi Explains India’s Energy Security Stand
Siddharth Zarabi
- Updated Jul 27, 2025 1:00 PM IST
Amid renewed U.S. threats of punitive tariffs on nations buying Russian oil, Dr. Mukesh Aghi, President & CEO of USISPF, addressed concerns around Senator Lindsey Graham’s proposal, stressing that such moves aren't uniquely targeted at India but reflect broader geopolitical tensions. He emphasized India's reliance on affordable energy to manage inflation and protect consumers. Aghi urged proactive diplomatic outreach to explain India's position and interests, while cautioning against panic. Drawing from past experiences with Iran sanctions, he noted India’s ability to adapt while underscoring the importance of safeguarding energy security through constructive engagement, not confrontation.
