Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>India energy sourcing emphasizes energy security and diversified crude suppliers, while pursuing commercial options and tariff relief.</h1> Ensuring the energy security of 1.4 billion residents is affirmed as the supreme priority, and India will pursue diversification of crude supply based on objective market conditions; this policy justifies continued commercial procurement decisions, including engagement with Venezuela where sanctions permit, and signals unlikely complete cessation of Russian purchases. The government frames energy sourcing choices as driven by national interest and market dynamics, while also noting a negotiated reduction in US tariffs on Indian exports to 18 percent, an outcome presented as enhancing export opportunities and supporting labourintensive industries. No new legal obligations or limits on procurement were announced.