ReferIndia News India’s strategic oil diplomacy and the race for energy resilience

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India’s strategic oil diplomacy and the race for energy resilience

Published on: May 15, 2026, 11:09 a.m. | Source: Moneycontrol

Prime Minister Modi’s pivotal stopover in the UAE highlights a deepening partnership aimed at reinforcing India’s energy resilience amidst global supply volatility. With import dependency reaching nearly 89%, the government will have to balance consumer protection with the domestic oil economy’s sustainable health

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