Brief by Shorts91 Newsdesk / 04:17pm on 19 Mar 2026,Thursday India Global
India is diversifying energy imports amid escalating conflict involving Iran and Israel, with 70% of crude sourced outside the Strait of Hormuz, officials said. The Oil Ministry noted increased LNG supplies from the United States and Australia, while confirming all 22 Indian vessels in Hormuz are safe. Despite concerns over potential disruptions, fuel supply remains stable, with no shortages reported and normal refinery operations. The government is promoting a shift from LPG to CNG and expanding PNG networks to ease pressure. However, officials acknowledged the LPG situation remains concerning amid ongoing geopolitical tensions impacting global energy flows. (PC: Times Now)
