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Opinion News

The Economic Times

Opinion / The Economic Times

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Why India stayed resilient through the Hormuz crisis

India successfully navigated the Strait of Hormuz closure, ensuring energy security for its citizens. Despite a significant drop in West Asian LPG supplies, domestic production was ramped up, and new international sources were secured. Price disruptions were mitigated through government subsidies and excise duty cuts, keeping fuel costs significantly lower than in other nations. This resilience was built on years of strategic infrastructure development and diversification of crude oil sources.

28 Jun 2026 11:15 pm