Newly appointed US Ambassador to India, Sergio Gor, stated on Friday that India is actively working to diversify its oil import sources. His remarks come amid evolving global energy dynamics and ongoing discussions between New Delhi and Washington regarding energy cooperation and trade.
Speaking to reporters on the sidelines of the India AI Impact Summit 2026, Ambassador Gor noted that India is exploring alternative suppliers as part of its broader energy security strategy. According to Reuters, negotiations are currently underway for potential oil purchases from Venezuela.
The ambassador’s comments follow recent announcements that India intends to reduce its purchases of Russian oil. The move reflects New Delhi’s efforts to broaden its energy portfolio while maintaining stable supply chains in a shifting geopolitical environment.
In addition to energy cooperation, Gor emphasized progress on the bilateral trade front. Speaking to news agency PTI, he indicated that the long-anticipated India-US trade deal is expected to be finalized soon. The agreement is anticipated to strengthen economic ties, boost market access, and enhance strategic collaboration between the two countries.
India’s diversification efforts signal a pragmatic approach to energy security, balancing global partnerships while addressing domestic demand. As discussions advance on both oil procurement and trade agreements, India-US relations continue to deepen across multiple sectors, including energy, technology, and commerce.
