West Asia conflict has disrupted energy supply chains, India leveraging diplomacy to secure oil and gas flows: Experts

Key Topics in this News Article:
News Snapshot:

Mumbai (Maharashtra) [India], March 21 (ANI): The ongoing conflict in West Asia has triggered a global energy supply disruption, affecting crude oil and gas flows through key routes such as the Strait of Hormuz. Experts said that India has been able to manage the situation through strategic energy diplomacy and diversified sourcing, but cautioned that continuity in hostilities between Israel and the US on one hand and Israel on the other can lead to more supply pressure. Anindya Banerjee, vice president at Kotak Mahindra Securities, said that India is sourcing its energy requirements from diverse countries in the wake of…