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India's Energy Security and Trade Interests Threatened by Escalating War in West Asia

Sandesh•
India's Energy Security and Trade Interests Threatened by Escalating War in West Asia
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Also read: Reason for Ladakh Lt Governor Kavindra Gupta's resignation still unclear: If Iran loses, India's energy security could be at risk. The shadow of the escalating war in West Asia is not limited to Arab countries. Its heat is being felt in India. Rising tensions between Israel, Iran, and the United States are of great concern to Indian interests. For India, Iran is not just a country, but a gateway to Central Asia and the bedrock of energy security. If Iran collapses in this conflict or its economy collapses, India's trade, strategic, and economic interests will be hurt. The ongoing direct confrontation between Iran and Israel has brought the world to the brink of World War III. India is trying to maintain its "strategic autonomy" during this dispute, but the reality is that Iran's failure could have a direct and devastating impact on India. From energy security to the future of Chabahar port, billions of dollars of investment are at stake. India has reduced its crude oil imports from Iran to 70% of global crude oil imports, though India has reduced its crude oil imports from Iran to less than 70% of global oil imports.

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Publisher: Sandesh

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India's Energy Security and Trade Interests Threatened by Escalating War in West Asia | Achira News