War in West Asia has, once again, exposed the fragility of India’s energy security. Nearly 90% of its crude oil is imported, and close to half originates in the Gulf.
The standoff in Strait of Hormuz has rippled through the economy, compounded by rising demand amid scorching summer temperatures. As the crisis drags on, structural lessons are coming into focus: West’s use of energy security as a tool of statecraft has entered a new phase where political alliances are largely redundant.
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