Oil Minister Hardeep Singh Puri has dismissed White House trade adviser Peter Navarro's 'laundromat' remark, asserting that India has not violated any rules in purchasing Russian oil and its energy trade since the Ukraine war has helped stabilise global markets and keep prices in check.
In a signed article for The Hindu, Mr Puri rejected claims of profiteering, saying India has long been the world's fourth-largest exporter of petroleum products, well before Russia's invasion of Ukraine in February 2022, and its export volumes and margins have remained broadly the same.