India faces potential energy and trade disorders in the middle of Israel-Iran conflicts: GTRI

India’s Energy Security in Diversifying Crude Oil Sources Amid Iran-Israel Tensions

A GTRI analysis recommends that India diversify its crude oil sources and bolster strategic reserves amidst escalating tensions between Iran and Israel. The report stresses the importance of military readiness in Maritime Arabia, underscores the significance of diplomatic efforts, and highlights potential disruptions in crucial trade routes that could impact India’s economy.

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Centre designates Chhara Port in Gujarat as LNG import hub

Chhara Port in Gujarat Authorized for LNG Imports to Boost India’s Energy Security

The Ministry of Ports, Shipping, and Waterways has authorized Chhara Port in Gujarat for LNG imports, enhancing India’s energy security. This certification enables Simar Ports Private Limited to manage LNG operations in compliance with the Petroleum Rules. The approval is valid from May 19, 2025, to May 18, 2028, supporting national gas needs.

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