US Chooses to Allow Russian Oil to Flow into Global Markets, This is What the American Minister Says

The United States government has chosen a pragmatic approach in responding to the flow of Russian oil in the global market. Amid geopolitical tensions and energy price pressures, Washington has decided not to completely shut off the flow of that oil, but rather to allow it to continue with adjustments to the direction of distribution.

US Energy Minister Chris Wright stated that the policy was taken as a short-term step considering humanitarian aspects and global energy stability. He assessed that completely halting the flow of Russian oil could potentially worsen energy crises in various regions.

“We have just made a pragmatic short-term humanitarian decision; rather than letting all that oil go to China, let some of that oil go to India,” said Wright in an interview with Fox News on Sunday (19/4).

According to Wright, some Russian oil will also flow to other Asian countries that have refining capacity. Those countries can then redistribute energy products back to the global market, including to regions experiencing high price pressures.

“Let some of that oil go to other Asian countries that will refine the oil and provide energy to their people,” he said.

He added that this policy is not a change in principle, but an adjustment to the reality of the global energy market, which is already interconnected. Russian oil, he said, is essentially already in the international market and difficult to completely stop.

Wright also touched on India’s role in the global energy supply chain. He noted that India not only imports crude oil but also exports fuel products to various regions, including Europe.

“India exports fuel to the European Union, which is also in a very worried state regarding high energy prices,” he said.