As conflict in West Asia disrupts global energy flows and raises risks around the Strait of Hormuz, India is using the crisis to accelerate a long-term energy security strategy. New Delhi is expanding Strategic Petroleum Reserves, diversifying crude oil and LPG import sources, and reducing dependence on any single supplier region. Argentina’s LPG exports to India have more than doubled, while U.S. shipments have surpassed Gulf volumes, reflecting a sharp shift in sourcing patterns. Broader crude access through Russia and Iran-related waivers has further strengthened flexibility. Policymakers see diversification as a shield against geopolitical shocks, helping stabilize domestic prices, improve bargaining power, and secure supply chains. With Hormuz uncertainty continuing and negotiations in the region under strain, India is treating the crisis as a catalyst for structural reform — building resilience, strategic autonomy, and long-term energy independence. More from our expert.

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