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South China Morning Post
South China Morning Post
AsiaPac · 17 mins ago
India eyes further oil exploration after Iran war shortages
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India eyes further oil exploration after Iran war shortages
Hit by the biggest energy supply shock in decades during the Middle East war, import-dependent India is expanding domestic crude exploration, its oil minister says. India, the world’s third-largest importer of oil and the second-largest buyer of liquefied petroleum gas, faced major disruptions due to restrictions on the Strait of Hormuz during the conflict between the United States and Iran. With a temporary US-Iran deal in place to pause hostilities, oil and gas shipments are flowing through...
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