India’s proactive energy diversification strategy is proving to be a shield against the potential impact of US energy sanctions, according to Oil Minister Hardeep Singh Puri. The country has been steadily reducing its reliance on any single supplier by increasing imports from Russia, the Middle East, and Africa.
“We have always prioritized diversification to ensure energy security,” Puri said during a recent press briefing. “This approach has served us well in the past and will continue to do so in the face of global uncertainties.”
The US is reportedly considering stricter sanctions on oil-producing nations, which could disrupt global supply chains and drive up prices. However, India’s diversified portfolio and strategic partnerships provide a level of resilience against such disruptions.
Analysts have praised India’s foresight in building a robust energy strategy. “India’s diversification efforts are a textbook example of how to mitigate risks in a volatile global market,” said Rajesh Kumar, an energy economist.
As the world watches the unfolding situation, India’s approach offers valuable lessons for other energy-importing nations.
