West Asia Conflict | Is India Ready for Another Oil Crisis? | Gulf Oil Shock | Middle East | News18

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As tensions continue to rise across West Asia, concerns are growing over the potential impact on India's economy, particularly its energy security and fuel imports. With the Gulf region remaining a crucial source of crude oil, any prolonged disruption could affect global oil prices, shipping routes, and inflation. However, experts point out that India has significantly strengthened its energy resilience over the past decade by diversifying crude oil imports, expanding Strategic Petroleum Reserves (SPR), increasing ethanol blending, and sourcing oil from a wider range of countries. n18oc_plain-speakn18oc_worldNews18 Mobile App - https://onelink.to/desc-youtube

Last Updated: July 09, 2026, 20:32 IST

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West Asia Conflict | Is India Ready for Another Oil Crisis? | Gulf Oil Shock | Middle East | News18

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