The Economic Times

Lessons from Hormuz crisis: Vedantas Anil Agarwal shares how India can break the 88% crude dependency cycle

Recent Strait of Hormuz tensions reveal India's deep dependence on imported oil. Vedanta Chairman Anil Agarwal stresses India is under-explored, not resource-poor. He advocates for faster exploration and investment, suggesting India could hold vast untapped hydrocarbon potential. Agarwal believes technology and global partnerships are key to reducing import reliance and securing India's energy future.