New Delhi, March 31 -- India's oil sources coming through the Strait of Hormuz are currently being managed through active diplomacy and dialogue, though industry leaders warn that a prolonged West Asia crisis could have far-reaching consequences for the nation's energy security.
Speaking to ANI on the sidelines of the PHDCCI's Hydrocarbons Summit 2026 held in Delhi on Tuesday, experts highlighted that while immediate supplies remain steady, the volatility in international markets necessitates a shift toward domestic production and broader procurement bases.
Ranjeet Mehta, CEO and Secretary General of PHDCCI, noted that the country has navigated the immediate crisis effectively through strategic international relations. "I think India ha...
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