India Looks to Boost Exploration as Hormuz Crisis Threatens Supply
India needs to boost domestic oil and gas exploration to enhance its energy security amid supply disruptions that drive energy prices higher, according to a senior official at state-owned exploration and production company Oil India Limited (OIL). “Disruptions to global supply chains and major energ
Source: OilPrice.com
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DW NOTE
India imports 85% of its oil and just watched its sole viable supply route close. Now it wants to drill more at home — six years too late and in geology that has disappointed for decades. This is crisis-driven aspiration, not energy strategy.