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Israel-Iran Conflict: India Worries About Oil Supply Amid Strait Of Hormuz Closure Threat

| Jun 17, 2025, 09:05:24 PM | TOI.in
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India is closely monitoring the escalating Iran-Israel conflict, focusing on potential oil and gas supply risks. With one-third of its oil imports passing through the vital Strait of Hormuz, any disruption could impact energy security. While the strait has remained open despite past conflicts, concerns have grown as Iran considers possible closure. The Petroleum Ministry is actively assessing the situation, with contingency plans in place. India plans to increase imports from West African nations and relies on diversified suppliers, including Russia and the U.S. Officials are also preparing for price volatility and exploring alternative energy sources to ensure steady supply.#indiaoil #iranisraelconflict #straitofhormuz #crudeoil #energysecurity #westafrica #russiaoil #strategicreserves #oilstorage #globaloil #oilprices #middleeast #diversification #persiangulf #arabiansea #globalmarket #oilconsumption #indiasecurity #contingencyplan #energypolicy #geopoliticalrisk #oilvolatility #gasprices #indiangovernment #oilimports #toi #toibharat

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