Experts note that while the domestic buffers for oil are relatively strong, LPG and LNG supplies need a boost. (AI image) India imports around 90% of its crude oil needs, and approximately 60% and 50% of its LPG and LNG requirements respectively. These are not just mere statistics – it’s a telling picture of the energy needs and security needs of one of the world’s largest economies. This dependence has been put to test amidst the ongoing US-Iran war that has choked energy supply from one of the most important maritime routes – the Strait of Hormuz. The Middle East…
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