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Geopolitical developments in the last few months have dictated India’s energy supplies. Be it crude oil, LPG or LNG, India is largely dependent on the world to meet its needs, and the US-Iran war has disrupted supplies via the Strait of Hormuz.
Despite global economic headwinds from the Middle East crisis, India's government remains optimistic about growth, citing strong domestic consumption and intact GDP momentum. Officials confirm no immediate need for extra borrowing, with fiscal targets holding firm. Disinvestment plans are progressing, and further FDI measures are anticipated.
Oil shock to inflation risk: How Middle East war is reshaping India's economic outlookThe new-age founders and brands transforming India’s business ecosystemRussian crude here to stay? Why India-US energy ties may be more about LPG, LNG than oil despite Trump’s push'GDP momentum intact, no need for extra borrowing': Centre plays down impact of Middle East crisisGovt spent Rs 1.23 lakh crore to keep petrol, diesel prices unchanged for 78 days : Sources
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