New Delhi, Mar, 26: The Middle East crisis has now created a complex situation worldwide, and India has not been unaffected. In Parliament today, Prime Minister Narendra Modi addressed how the war is affecting India and how the country is responding to the crisis.
The conflict has disrupted supply through the Hormuz corridor, leading to a global shortage of oil and LPG. However, PM Modi emphasized that India’s energy security remains intact. The country’s oil reserves currently have more than 53 million metric tons, and work is underway to increase storage capacity to 65 million metric tons. Additionally, India has diversified its oil imports, currently purchasing crude oil from 41 countries compared to 27 countries previously.
PM Modi acknowledged that this conflict is unprecedented for India, posing multifaceted challenges—economic, national security-related, and humanitarian. Comparing the situation to the COVID-19 pandemic and current geopolitical conditions, he noted that crises activate black markets and hoarding, requiring strict monitoring and rapid action. The Prime Minister warned that global instability due to the war could persist for a long time and stressed that India must face all challenges with patience and resilience, just as it did during the pandemic. He added that rumor-mongers seeking to exploit the situation will not succeed.
Another major challenge highlighted by PM Modi is the onset of summer in India, which will increase electricity demand. Since the war began, more than 375,000 Indians stranded in neighboring countries have been safely brought back; from Iran alone, around 1,000 Indians returned. Ensuring the safety of Indian citizens remains a government priority.
Regarding the Middle East conflict, the PM described the situation as complex. He condemned attacks on commercial shipping in international waters, stating that blockades like those in the Hormuz corridor are unacceptable. Through diplomatic efforts, India is ensuring safe passage for its vessels despite the unstable environment.
PM Modi further explained that a significant portion of India’s imported crude oil, gas, fertilizers, and other energy sources comes through the Hormuz corridor. Despite the blockage, India is ensuring that its requirements are met, importing about 60% of its LPG needs. He concluded by emphasizing the importance of dialogue and diplomatic efforts to resolve the Middle East crisis.
In a Powerful Parliamentary Address, Narendra Modi Calls for Calm, Resilience, and Patience Amid Ongoing National and Global Challenges
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