International Relations · Energy Security
Consider the following statements: Statement I: India’s rising crude oil imports from Russia indicate a opportunistic market choice driven by discounted prices rather than a permanent strategic shift away from diversification. Statement II: India’s energy security policy mandates diversification of crude oil supply sources to mitigate geopolitical vulnerabilities and supply chain risks. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement I is incorrect, but Statement II is correct.
- 2Statement I is correct, but Statement II is incorrect.✓
- 3Both Statement I and Statement II are correct, but Statement II is not the correct explanation for Statement I.
- 4Both Statement I and Statement II are correct, and Statement II is the correct explanation for Statement I.
Correct answer
Statement I is correct, but Statement II is incorrect.
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