US-Iran war impact: How can India shock-proof itself against future oil, LPG, LNG supply disruptions?

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 crisis has brought to fore with clarity an important fact – while India says it is comfortably placed on its oil, LPG, and LNG supplies – there is need to step up pace on long-term plans to ensure India’s energy security can cater to longer disruptions as well.