India should look for geographical diversification for gas, says former IOCL Executive Director

Ranked News

📰 India

India should look for geographical diversification for gas, says former IOCL Executive Director 01.04.2026

The Economic Times

Sandeep Jain, former Executive Director (Gas) at Indian Oil Corporation Ltd. (IOCL), advises India to pursue geographical diversification for its gas supply to mitigate risks from Middle Eastern geopolitical tensions. He suggests considering "Russian-sanctioned LNG" to prevent demand destruction and economic depression due to high import costs. Jain highlights that the conflict between the US, Israel, and Iran, particularly impacting the Strait of Hormuz, jeopardizes 20% of global LNG, crude oil, and LPG flow. India, importing 60-70% of its LPG with 90% passing through this strait, is significantly affected, with disruptions impacting households. While public sector units have found alternative crude sources, the LNG sector faces severe constraints, with force majeure declarations from major producers like Qatar Energy and ADNOC cutting supply by over 50% to Indian industries.

The Economic Times Full Article

📰 Top Stories

EN DIRECT - Guerre au Moyen-Orient : «Il ne sait pas de quoi il parle», Donald Trump s’en prend violemment au chancelier allemand sur l’Iran 3h ago

Le Figaro

Charles III appelle le CongrÚs américain à une « détermination sans faille » pour l'Ukraine 3h ago

20 minutes

Ukraine strikes Russia's Tuapse refinery, Putin says attacks intensifying on civilian targets 5h ago

CGTN

Kosovo set for another snap election after failure to elect president 3h ago

Yahoo

Ukraine-Russia war latest: US ambassador to Kyiv to leave ‘over differences with Trump’ 3h ago

The Independent

ASEAN Nations Combat Fuel Hoarding Amidst Global Supply Chain Crisis 8h ago

China Daily

Europees klimaatrapport: heet en droog 2025 leidde tot grote natuurbranden 6h ago

NOS

Musk testifies at OpenAI trial it’s not OK to ‘loot a charity’ 10h ago

Aljazeera

White House workshops plan to bring back Anthropic 6h ago

Axios

L'Équateur promet de construire «autant que nĂ©cessaire» des mĂ©ga-prisons pour combattre les gangs 8h ago

Le Figaro

đŸ‡ș🇾 United States

Gunshot at dinner may have struck officer's phone in pocket of bulletproof vest 8h ago

Yahoo

Rede vor US-Kongress König Charles ruft zu Zusammenhalt des Westens auf 7h ago

Tagesschau

US passports to feature picture of Donald Trump 12h ago

The National

Judge tosses Trump admin. lawsuit seeking access to Arizona voter data 6h ago

CBS News

Appeals court rejects Trump's mandatory ICE detention policy 13h ago

CBS News

FCC orders early reviews of Disney-owned ABC stations 13h ago

Yahoo

Ex-senior adviser at NIAID indicted over COVID-19 records 14h ago

Yahoo

Comey charged with threatening Trump's life in Instagram post 8h ago

BBC

Trump approval sinks to record low as war with Iran drives cost-of-living concerns 15h ago

The Straits Times

Over half of Americans say their finances are worsening, Gallup finds 14h ago

CBS News

🟠 Americas

King Charles US visit live: Trump welcomes royal couple to state dinner and commends monarch’s earlier speech to Congress 5h ago

The Independent

Dinner shooting again put Washington Hilton at center of presidential history 21h ago

CBS News

Multiple men ‘drugged and raped’ at ‘super predator’ Epstein’s secretive New Mexico ranch 18h ago

The Independent

At least 20 killed in Colombia highway blast 28.04.2026

Aljazeera

Mexican cartel leader found hiding in a ditch 21h ago

BBC

Shock and fear at Teotihuacan after mass shooting 5h ago

CGTN

Former FBI chief Comey indicted again, in probe over online post officials call a Trump threat 13h ago

France 24

"Il ne sait pas de quoi il parle": Donald Trump s'en prend au chancelier allemand qui estime que les États-Unis se font "humilier" par l'Iran 12h ago

BFM

Influencer’s body returns home after getaway as missing ring and fiancĂ© questions cloud case: report 12h ago

Fox News

American Airlines tightens rules for portable chargers amid fire concerns 13h ago

CBS News