Between Hormuz and Moscow: How India manages oil in a world of chokepoints
Government
As conflict threatens the Strait of Hormuz and Brent spikes above $100, New Delhi leans on Russian crude, diversified suppliers and state buffers to keep fuel flowing and prices in check At India Energy Week 2026 in January, the key event for the country's oil and gas industry, officials signaled a confident assertion of India’s place in global energy: not only as the world’s third-largest energy consumer , but as a pragmatic actor in an increasingly unstable system. Weeks later, the
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