Can arbiters interrupt you to do this while it your turn?
Article 12 of the FIDE Laws of Chess defines the role of the arbiter. In particular it says this:
12.2 The arbiter shall:
12.2.3 ensure that a good playing environment is maintained,
Having water bottles on the table was not conducive to a good playing environment in the view of the arbiter.
The bottle was on the table and far away from touching the board if it was knocked
Was the bottle glued or nailed to the table so that it couldn't move? Of course not! You had it on the table with the intention of picking it up, drinking from it and then putting it back down on the table. Where it is now is not necessarily where it is going to be later. In particular, later might be when both players are in time trouble, trying to move fast and hit the clocks fast and the bottle can get knocked hard and fly into the board causing havoc when neither player has much time and both players are stressed. Don't put tall, unstable objects on the table.