US-Iran war, May 18 -- As soaring crude oil prices, driven by the US-Iran conflict, pose a critical macroeconomic challenge for the Indian economy, India is taking all possible domestic and strategic measures to ensure an uninterrupted energy supply, even as the Strait of Hormuz, a crucial global oil transit route, remains effectively closed.

Prime Minister Narendra Modi visited the UAE on the first leg of his five-nation visit on 15 May and held discussions with UAE President Sheikh Mohamed bin Zayed Al Nahyan.

The highlight of the PM's visit was the signing of pacts on strategic petroleum reserves and the supply of liquefied petroleum gas by the two countries.

The strategic collaboration between Indian Strategic Petroleum Reserves Li...