PM calls meeting on energy situation amid West Asia crisis

PM calls meeting on energy situation amid West Asia crisis

Prime Minister Narendra Modi will hold a high-level meeting on Sunday evening with senior ministers to review India's petroleum, power, and fertilizer sectors.

The meeting comes in light of the ongoing conflict in West Asia and its impact on global energy supply chains.

The government aims to ensure uninterrupted supply, stable logistics, and efficient distribution across the country, officials told PTI.

Need for peace, patience in dealing with crisis: PM Modi

Earlier, on March 12, PM Modi had stressed the need for peace and patience in dealing with the crisis.

He had said that the conflict has triggered a worldwide energy crisis, testing national character.

"Continuous efforts are also underway to determine how we can overcome the disruptions that have occurred in the supply chain," he was quoted as saying.

PM Modi speaks to leaders of Gulf nations

Since the West Asia conflict erupted on February 28, PM Modi has held talks with leaders from several countries, including Saudi Arabia, the UAE, Qatar, Bahrain, and Kuwait.

The Prime Minister's Office said these discussions are aimed at managing the crisis and ensuring India's energy security.

The situation has been further complicated by Iran's control over the Strait of Hormuz, a key shipping lane for nearly 20% of global energy supplies.

Iran's actions disrupt global energy flows

Iran has restricted the passage of ships through the Strait of Hormuz, disrupting global energy flows. However, it stated that barring enemy-linked ships, all are free to use the strait.

The upcoming cabinet-level meeting is expected to assess India's preparedness in the energy sector and focus on logistics, storage, and alternative sourcing to mitigate ongoing disruptions.