India faces potential disruption to its cheap Russian oil supply due to threatened US and NATO sanctions over the Ukraine conflict. These secondary sanctions, including tariffs, aim to pressure Russia into peace negotiations.

India is confident of meeting its oil needs from alternative sources if Russian supplies are hit by secondary sanctions, Oil Minister Hardeep Singh Puri said on Thursday.

In the 18th round of sanctions on Russia over its war on Ukraine, the European Union (EU) has targeted Vladimir Putin’s income from oil sales. The EU has sanctioned an Indian refinery for the first time in which Russia has a 49% stake.