India Could Be Forced To Play Russia Oil Card If Iran Conflict Drags On

India may need to ramp up its imports of Russian crude oil in response to potential instability in energy supplies resulting from the ongoing conflict between the US, Israel, and Iran. The situation has escalated following Iran's decision to close the Strait of Hormuz, a critical maritime route through which approximately 20% of the world’s oil supply is transported. This closure poses significant risks to global energy markets, prompting India to consider alternative sources to ensure its energy security. Given India’s reliance on oil imports, increasing purchases from Russia could serve as a strategic move to mitigate the anticipated volatility in energy prices and supply disruptions. The geopolitical landscape surrounding energy resources continues to evolve, and India's actions may play a crucial role in shaping its energy policy and international relations in the context of the broader Middle Eastern tensions.