India Diversifies Oil Sources Amid Global Tensions, Ensures Energy Security
India buying oil from diversified sources, says MEA: ‘Keeping in mind needs of 1.4 billion people’
Hindustan Times
Image: Hindustan Times
India's Ministry of External Affairs spokesperson Randhir Jaiswal confirmed that the country is diversifying its oil sources to meet the energy needs of its 1.4 billion population. This strategy comes amid disruptions in the Strait of Hormuz due to ongoing conflicts, impacting India's oil supply chain.
- 01India is diversifying oil imports to enhance energy security for its large population.
- 02Disruptions in the Strait of Hormuz are affecting global oil shipping routes.
- 03India relies on the Gulf region for over 85% of its crude oil imports.
- 04PM Modi discussed the West Asia conflict and the importance of keeping the Strait of Hormuz secure with US President Donald Trump.
- 05All Indian seafarers in the Persian Gulf are reported safe, with normal operations at Indian ports.
Advertisement
In-Article Ad
During a recent inter-ministerial briefing, Randhir Jaiswal, spokesperson for India's Ministry of External Affairs, stated that India is actively diversifying its oil sources to secure energy for its 1.4 billion citizens. This decision is crucial given the current disruptions in the Strait of Hormuz, a vital trade route for oil, amid ongoing conflicts involving the US and Iran. Jaiswal emphasized the importance of maintaining energy security while navigating the complexities of the international market. India, which imports over 85% of its crude oil, primarily from the Gulf region, is in discussions with various countries to ensure the safety of its shipping routes. In a related development, Prime Minister Narendra Modi had a phone conversation with US President Donald Trump, where they addressed the West Asia conflict and the necessity to keep the Strait of Hormuz open. The Additional Secretary of the Ports, Shipping and Waterways Ministry, Mukesh Mangal, assured that all Indian seafarers in the Persian Gulf are safe and that operations at Indian ports remain normal.
Advertisement
In-Article Ad
India's strategy to diversify oil sources is crucial for maintaining energy security, which directly affects the economy and daily lives of its citizens.
Advertisement
In-Article Ad
Reader Poll
How should India approach its oil import strategy amid global tensions?
Connecting to poll...
More about Ministry of External Affairs
Read the original article
Visit the source for the complete story.




