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Jaishankar says India to diversify oil imports amid Hormuz tensions

Financial Express Mumbai

May 25, 2026

INDIA WILL CONTINUE to pursue diversified, dependable and affordable energy supplies to safeguard its energy security from geopolitical disruptions, External Affairs Minister S. Jaishankar said on Sunday, as tensions around the Strait of Hormuz raised fresh concerns over global crude oil, LNG and shipping flows.

- SAURAV ANAND

“For our energy security, it’s important we have multiple sources, large sources, dependable sources, cheap sources,” Jaishankar said after bilateral talks with US Secretary of State Marco Rubio in New Delhi, describing the United States as a “very significant and reliable source of energy” for India.

The remarks come amid escalating tensions involving Iran and the Strait of Hormuz, which has triggered volatility in global energy and freight markets.

Jaishankar said ensuring accessible and affordable energy for India’s 1.4 billion people remained the government’s “prime objective”, and noted that diversified supplies were “at the heart of energy security for India”.

Esta historia es de la edición May 25, 2026 de Financial Express Mumbai.

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