Related Article: IOC buys 2 million barrels of US WTI crude for October, sources say - thehindubusinessline.com - Friday, August 15, 2025, 12:24:15 AM Eastern Daylight Time
Target: Indian Oil Corporation (IOC) and the Ministry of Petroleum and Natural Gas, Government of India
Goal: We urge IOC and the Indian government to adopt transparent, ethical, and people-centered policies in oil procurement, prioritizing public interest, energy justice, and climate responsibility.
IOC's recent purchase of US crude oil at a significant premium, under pressure from foreign governments, highlights the urgent need for greater transparency and accountability in India's energy procurement decisions. Decisions about oil imports should not be dictated by international political agendas, but rather by the needs and rights of the Indian people, environmental sustainability, and global peace efforts.
We call on IOC and the Indian government to publicly disclose the terms of all major oil import contracts, ensure procurement is free from undue foreign influence, and commit to a just transition away from fossil fuels. Energy policy must be guided by climate justice, sovereignty, and the well-being of all communities.