The European Union's recent sanctions on Russian oil, energy, banking and defence industries are aimed at degrading Moscow's "war economy" while preserving global oil market stability, said Ambassador of the Delegation of the European Union to India Herve Delphin on Saturday.

India is confident of meeting its oil needs from alternative sources if Russian supplies are hit by secondary sanctions, Oil Minister Hardeep Singh Puri said on Thursday.

The EU Envoy’s remarks came after India responded to the new measures, reiterating that it does not recognise unilateral sanctions and stressing the need to avoid double standards in global energy trade.

Union minister Hardeep Singh Puri said India should be able to deal with any problems with Russian imports by seeking supplies from other countries.

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EU sanctions aim to weaken Russia’s war economy with oil price caps, ship bans, and finance curbs—without disrupting global supply, says EU envoy to India.