India Looks Beyond the Gulf for LPG India is reshaping its liquefied petroleum gas supply strategy after disruptions around the Strait of Hormuz exposed the risks of relying heavily on Middle Eastern energy routes. Indian Oil Corporation (IOC), the country’s largest refiner, has finalized a supply agreement with Algeria’s state-owned energy company Sonatrach for LPG…
As global energy markets face turbulence, India is reinforcing its “energy insurance policy.” Recent data shared in Parliament by the minister of state for petroleum, Suresh Gopi, highlights both the current state of India’s crude oil cushions and the ambitious roadmap to expand them. Here is a breakdown of where India stands in securing its…
While the world watches the charts, the real story is unfolding in a narrow stretch of water just 21 miles wide. Iran has officially clarified its stance on the Strait of Hormuz, and the message is sending shockwaves through global energy markets: the gates are open, but only for some. Tehran’s recent declaration that the…
