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The Economic Times

Economy / The Economic Times

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Iran war energy shock drives India's interest in ethanol and other biofuels

India and Southeast Asian nations are boosting biofuel use amid global fuel disruptions. This move aims to reduce reliance on imported oil and manage rising costs. However, challenges remain in developing supply chains and ensuring vehicle compatibility. Experts also highlight environmental concerns related to crop-based biofuel production. The shift towards biofuels is a significant development for energy security.

15 May 2026 7:54 am