National interest paramount: Jaishankar amid energy security concerns due to US-Iran war

In light of the escalating tensions due to the ongoing US-Iran conflict, Indian External Affairs Minister S. Jaishankar emphasized that India's energy procurement strategy will prioritize national interests. During a recent address, he underscored the importance of considering costs, risks, and the reliability of supply when making energy decisions. As global energy markets face uncertainty, driven by geopolitical strife, India is keen to navigate these complexities while ensuring its energy security. Jaishankar’s remarks come at a crucial time as countries worldwide are grappling with the implications of the conflict on energy supply chains. India, being one of the largest consumers of energy, is particularly vulnerable to fluctuations in prices and availability. The Minister's statement reflects a pragmatic approach to energy management, focusing on balancing economic needs with the geopolitical landscape, thereby reaffirming India's commitment to securing its energy future amidst global turmoil.
Originally reported by Hindustan Times India. Read original article
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