India, Oct. 30 -- India on Thursday said that it is studying the implications of sanctions imposed by the United States against two Russian oil firms.

"Regarding US sanctions on Russian oil companies, we are studying the implications of these sanctions. As we have said before, the decisions we take naturally take into account the evolving dynamics in the global market," MEA spokesperson Randhir Jaiswal said during a briefing, according to PTI.

"Our position on the larger question of energy sourcing is well known. In this endeavour, we are guided by the imperative to secure affordable energy from diverse sources to meet the energy security requirements and needs of 1.4 billion people," he added.

The US last week imposed sanctions on Ros...