New Delhi, June 18 -- The disruption in the Strait of Hormuz has highlighted the urgent need for India to strengthen its long-term energy security strategy through diversified crude sourcing, larger storage buffers and reduced dependence on import-linked fuels, according to an analysis by S&P Global Energy.

The report said the ongoing supply shock has exposed structural vulnerabilities in India's energy ecosystem despite efforts to diversify crude imports in recent years.

"The effective closure of the Strait of Hormuz since late February 2026 is now the dominant factor in India's oil market," the report said, adding that the episode has revealed "a deeper vulnerability: India's crude oil dependence and the resulting knock to energy secu...