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The Business Guardian

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March 06, 2026

The country recently signed a new contract with the UAE and the US to diversify its energy basket.

According to sources, India is reviewing the energy situation twice a day and is in a very comfortable position regarding its energy security. India’s current position of stock is also seen to be comfortable, with stock being replenished every day.

As per the sources, there is no shortage of LPG or LNG as well as crude oil, in the world. The sources noted that India is in touch with other suppliers as well.

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