India continues to diversify its oil sources, prioritizing the energy security needs of its 1.4 billion people amidst global market fluctuations, according to the Ministry of External Affairs.
MEA spokesperson Randhir Jaiswal made the remarks during an inter-ministerial briefing on recent developments in West Asia, citing the current situation in the international market and global situation.
India is in discussions with several countries regarding the Strait of Hormuz, a key trade waterway, which has been disrupted since the beginning of the war between the US, Israel, and Iran.
PM Modi discussed the West Asia conflict and bilateral ties with US President Donald Trump, stressing the need to keep the Strait of Hormuz open and secure.
India imports over 85% of its crude oil, making it the world's third-largest oil importer, with the majority of this oil transiting through the Strait of Hormuz to reach New Delhi.
Additional Secretary of the Ports, Shipping and Waterways Ministry, Mukesh Mangal, assured that all Indian seafarers in the Persian Gulf region are safe, and operations at all Indian ports are normal with no reports of congestion.
